Announced Fri, 8 May · 16:34 IST

Prior intimation of Finance committee meeting

Board & Shareholder Meetings View source PDF

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AI summary

Unifinz Capital India Ltd has informed BSE that its Finance Committee meeting is scheduled for May 13, 2026 to consider and approve raising funds via issuance of Non-convertible Debentures (NCDs) on a private placement basis. The proposed fund raise is capped at Rs. 315 crore (Rs. 315,00,00,000). This proposal was already approved by the Board of Directors at their meeting held on March 28, 2026. The company states this NCD issuance falls within the overall borrowing limit that was approved by shareholders at the Annual General Meeting held on July 30, 2025. This is a regulatory compliance filing under SEBI LODR Regulations (Regulation 29).

Likely market impact

The company is planning to raise significant debt capital (Rs. 315 crore) through NCDs. This indicates an active capital-raising strategy, which could dilute shareholder value or strengthen the company's balance sheet depending on the terms and use of proceeds.