Transwarranty Finance Limited — Board Meeting, 30-06-2025: Outcome of Board Meeting

Transwarranty Finance has announced a board meeting on the approval of a private placement of unsecured and secured Non-Convertible Debentures (NCDs) worth up to Rs 12.99 Cr. The issue will include 299 secured NCDs and 500 unsecured NCDs of Rs 1 lakh each, plus 50 special category NCDs of Rs 10 lakh each, with tenures ranging from 367 days to 5 years. Interest rates range from 11.25% to 12% per annum, paid monthly or quarterly. The secured NCDs will be backed by certain current assets. The NCDs will not be listed.