ALPHA TRIBE

SRG Housing Finance LimitedBoard Meeting, 01-08-2025: Outcome of Board Meeting

01-08-2025 | 01:17 pm

SRG Housing Finance's board has approved a significant fundraising plan. The company will issue secured, rated, and listed Non-Convertible Debentures (NCDs) aggregating up to ₹250 crore. These NCDs will be offered in one or more tranches via private placement during the financial year 2025-26. This strategic move aims to bolster the company's financial resources, providing capital for its growth initiatives and operations. Designated officials have been empowered to finalize the specific terms and conditions for each issuance.

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