Announced Sat, 2 May · 16:30 IST

Finance committee meeting for consideration of matter of issuance of NCD

Fund Raising View source PDF

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AI summary

Unifinz Capital India Ltd has scheduled a Finance Committee meeting on May 6, 2026 to consider issuing Non-Convertible Debentures (NCDs) on a private placement basis, with an aggregate limit of up to Rs. 315 crore. The NCD issuance is within the overall borrowing limit already approved by shareholders at the Annual General Meeting held on July 30, 2025. The board had previously approved this fund-raising proposal at its meeting on March 28, 2026. This is a prior intimation filing under SEBI LODR Regulation 29 — the actual pricing, tenure, and yield details of the NCDs have not yet been disclosed.

Likely market impact

The company is raising debt via NCDs up to Rs. 315 crore, which will increase its borrowing obligations. Until coupon/yield details are shared, shareholders cannot assess the cost of this capital raise or its dilutive effect on equity holders.