Capital India Finance Ltd — Updates, 16-07-2025: Company Update
16-07-2025 | 08:54 pm
16-07-2025 | 08:54 pm
Capital India Finance's Board has approved a plan to raise up to INR 50 Cr by issuing Non-Convertible Debentures (NCDs) through a private placement. These NCDs will be listed on BSE and offer a fixed coupon rate of 9.55% annually, with interest paid yearly. The debentures will be secured by loans maintaining a value of 110% of the outstanding principal amount. This strategic move aims to strengthen the company's financial position, providing capital for its business operations and future growth initiatives.
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