SRG Housing Finance Limited has informed the Exchange regarding allotment of 2600 Non Convertible Debentures on Private Placement at its meeting held on October 24, 2025
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Awaiting price reaction for this filing.
SRG Housing Finance Limited has allotted 2,600 Non-Convertible Debentures (NCDs) through a private placement route. The allotment was approved at a board meeting held on October 24, 2025. The company has informed the stock exchange about this development. No details on the coupon rate, face value, or tenure of the debentures have been disclosed in this filing.
This indicates the company is raising debt capital privately, which expands its borrowing base to support lending operations. Shareholders should monitor for further disclosures on pricing and end-use of funds, as the cost and purpose of this borrowing will affect future interest expenses and returns.