Outcome of Finance Committee meeting held on 10th February, 2026.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Unifinz Capital India's Finance Committee has approved the issuance of 75,000 secured, listed, rated, redeemable, non-convertible debentures (NCDs) with a face value of INR 10,000 each, aggregating to INR 75 crore, on a private placement basis. The issue also carries a green shoe option of up to 55,000 additional NCDs worth up to INR 55 crore, taking the potential total size to INR 130 crore. The NCDs carry a coupon of 13% per annum, payable monthly, with a 15-month tenure (allotment on February 20, 2026, maturity on May 20, 2027). The instrument is proposed to be listed on the BSE Wholesale Debt Market segment and is backed by a first-ranking exclusive charge on the company's book debts/receivables, maintained at 1.30x asset cover.
This is a debt-raising move of up to INR 130 crore at a relatively steep 13% coupon, signaling aggressive fund-raising — likely to grow the company's lending or investment book. Higher borrowing cost may weigh on future margin, and the monthly interest and bullet principal repayment over 15 months will need to be monitored. Existing equity shareholders are not directly affected, but elevated debt cost warrants attention.