ALPHA TRIBE

Shivam Autotech LimitedImportant, 08-08-2025: General Updates

08-08-2025 | 05:26 pm

Shivam Autotech has raised Rs. 25 Cr via private placement of 250 secured, unlisted, redeemable Non-Convertible Debentures (NCDs). Each NCD has a face value of Rs. 10 Lakh. These debentures carry an interest rate of 12.00% per annum and are secured by a charge over specified receivables. This move bolsters the company's financial resources, potentially supporting future growth initiatives.

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