India Shelter Finance Corporation Limited — QIP/Rights/Pref., 11-03-2025: Issue of Securities

India Shelter Finance Corporation Limited has announced a board meeting to approve the issuance of Secured, Redeemable, Non-Convertible Debentures (NCDs) via private placement, aiming to raise INR 100 Cr. This comprises a base issue of INR 50 Cr and an optional Green Shoe of INR 50 Cr, with a total of 10,000 debentures priced at INR 1 Lakh each. The NCDs will carry an interest rate of 8.65% p.a., payable quarterly, and are secured by a hypothecation charge on standard receivables. The tenure is set for 1460 days from the deemed date of allotment.