SIS LIMITED — QIP/Rights/Pref., 26-03-2025: Allotment of Securities

SIS Limited has announced a board meeting to approve the allotment of 25,000 Secured Redeemable Rated Listed Non-Convertible Debentures (NCDs) with a face value of INR 1,00,000 each, totaling INR 250 Crore. These NCDs will be issued on a private placement basis and are intended for listing on BSE Limited. With a 36-month tenure and a coupon rate of 8.50% per annum, investors will receive quarterly interest payments, and the principal will be due at maturity. This capital raising effort may enhance liquidity and financial flexibility, potentially boosting investor sentiment as the company strengthens its funding base.