Arihant Superstructures Limited — QIP/Rights/Pref., 26-11-2024: Allotment of Securities

Arihant Superstructures Ltd. has announced a board meeting regarding the allotment of 25,00,000 Secured, Unlisted, Redeemable, Non-Convertible Debentures (NCDs) on a private placement basis. The total amount to be raised is ₹25 Crore, with each NCD having a face value of ₹100. The proceeds will likely be utilized to strengthen the company’s capital structure or fund strategic initiatives.