Purshottam Investofin Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 14/03/2026 ,inter alia, to consider and approve proposal for fund raising ....
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Purshottam Investofin Ltd has informed the BSE that its Board of Directors will meet on 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 is a Delhi-based NBFC (CIN starting with L65910). The trading window for the company's shares has been closed with immediate effect and will reopen 48 hours after the outcome of the meeting is made public. No details on the size, coupon rate, or number of NCDs proposed have been disclosed yet — these are expected to be shared after the board meeting.
For shareholders, this is a pre-announcement notice; the actual quantum, pricing, and terms of the NCD issuance will only be known after the March 14 board meeting. The NCD is a debt instrument, so it will not dilute equity shareholding, but it will increase the company's debt obligations. The closure of the trading window signals potential price-sensitive information, and investors should wait for the post-meeting disclosure before taking fresh positions.