NCD Allotment
Allotment of INR 50 crore Secured NCDs; Promoter Reclassification Request
Board allotted 50,000 secured, listed, rated, redeemable NCDs of ₹10,000 each (₹50.00 crore) on private placement; 36‑month tenor (20‑Apr‑2026 to 20‑Apr‑2029), coupon 11.25% p.a. (monthly interest); security cover 1.10x; board also approved promoter reclassification request (subject to exchange NOC).


