Announced Wed, 11 Mar · 16:59 IST

As Attached

Fund Raising View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Purshottam Investofin Ltd has informed the BSE that its Board of Directors will meet on Saturday, March 14, 2026 to consider and approve a proposal for raising funds through the issue of Non-Convertible Debentures (NCDs) on a private placement basis. The company has not disclosed the issue size, coupon rate, or tenure of the proposed NCDs in this intimation. Separately, the trading window for dealing in the company's equity shares has been closed with immediate effect and will remain shut until 48 hours after the board meeting outcome is publicly disclosed. All designated persons and their immediate relatives have been told not to trade in the company's shares during the closed window period.

Likely market impact

The proposed NCD issuance is a debt-raising exercise, which could increase leverage and interest obligations but also bring in fresh capital. The trading window closure indicates material information is pending, so retail investors should wait for the board's decision on issue size, pricing, and terms before taking fresh positions.