NCD Issuance
Board approves private placement of NCDs up to INR 30 crore
Board approved private placement of secured, listed, rated, redeemable NCDs up to INR 30 crore (3,000 NCDs of INR100,000 each), 30‑month tenor, 11.75% p.a., monthly interest, bullet principal; first‑ranking charge on receivables with 1.20x cover; to be listed on BSE.


