Announced Sat, 25 Jul · 12:00 IST
Board approves Rs 10 crore NCD private placement
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
—1-day move
₹33.75
prior close
₹33.95
base price
After-mkt
timing
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AI summary
Board approved issuing 1 lakh secured, unlisted, unrated NCDs totaling Rs 10 crore via private placement, with subscription capped under Rs 1 crore per investor. Tenures range from 13 to 70 months. Interest rates span 11.00% to 12.60%, with higher rates offered to women and senior citizens. Secured against current assets. Allotment targeted before 31 August 2026.
Likely market impact
NCDs are unlisted and aimed at private investors; minimal direct effect on listed equity shareholders.