SI Capital & Financial Services Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 07/03/2026 ,inter alia, to consider and approve SI Capital ....
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SI Capital & Financial Services Ltd has informed BSE that its Board of Directors will meet on March 7, 2026, via video conferencing. The key agenda item is to consider and approve options for raising funds through borrowings. Specifically, the Board will evaluate issuing redeemable non-convertible debentures (NCDs) via private placement or preferential allotment, in either the onshore or offshore market. The company has not yet disclosed the size of the issue, coupon rate, or specific mode — these will depend on prevailing market conditions as decided by the Board.
This is a preliminary intimation, so no concrete fundraising has been announced yet. If the Board approves the NCD issuance, it could expand the company's borrowings and dilute existing debt holders' position relative to new NCD subscribers. Shareholders should watch the March 7 outcome for issue size, pricing, and timing, as it could affect the stock and future interest costs.