Supra Pacific Financial Services Ltd — Board Meeting, 17-06-2025: Board Meeting
17-06-2025 | 11:35 am
17-06-2025 | 11:35 am
Supra Pacific Financial Services Limited has announced a board meeting. The Board noted the resignation of Independent Director Mr. Tomin Joseph Thachankary. It approved allotment of secured, unrated, unlisted Non-Convertible Debentures (NCDs) totaling Rs. 4 Cr under private placement with a minimum subscription of Rs. 1 Cr, and also approved an issuance of NCDs aggregating Rs. 10 Cr. The NCDs have a 13-month tenure at an 11.5% coupon rate, secured by a first charge on company receivables. There have been no defaults or delays on existing NCD payments. The debentures will be redeemed in full at maturity.
No comments yet. Be the first to comment!
