Announced Wed, 17 Jun · 15:57 IST
Board meeting on June 22 to consider NCD fund raising via private placement
Fund Raising View source PDF
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-0.8%1-day move
₹38.50
prior close
₹33.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+6.1+6.1+6.1+6.1-0.8+6.2+1.3+3.9+3.8-6.5-9.1-2.4——
Up moveDown movePending
AI summary
Salem Erode Investments has informed BSE that its Board of Directors will meet on June 22, 2026 to consider and approve fund raising by issuing Secured Redeemable Non-Convertible Debentures on a private placement basis. Further details on issue size, pricing, coupon, and tenor are not yet disclosed and will likely be shared after the board meeting concludes.
Likely market impact
Board will decide on raising funds through privately placed secured NCDs. Specific terms and size await the June 22 meeting outcome.