Board approves NCD issue of Rs 24 crores via private placement
SAHLIBHFI · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 0.3 pts less than Nifty Microcap 250 and 0.4 pts more than its Non Banking Financial Company (NBFC) peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Shalibhadra Finance board approved issuance of senior, secured, rated, listed, redeemable, non-convertible debentures worth up to Rs 24 crores on a private placement basis. The NCDs will be listed on BSE. Interest rate, tenure, and security details are yet to be finalized in transaction documents. No special rights are attached to the instrument.
Raises up to Rs 24 crores in debt funding to support business growth. No equity dilution as NCDs are debt instruments. Final terms awaited.