ALPHA TRIBE

Savani Financials LtdUpdates, 11-06-2025: Company Update

11-06-2025 | 10:23 pm

Savani Financials Limited has announced a board meeting on the allotment of 500 secured, unlisted, unrated Non-Convertible Debentures (NCDs) at 14% interest, each with a face value of Rs. 1 lakh, raising a total of Rs. 5 Cr via private placement. This capital infusion strengthens the company’s financial position, potentially supporting expansion or debt servicing. The move reflects active steps to raise funds through debt, which is relevant for shareholders monitoring the company’s leverage and financial strategy.

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