ALPHA TRIBE

Salem Erode Investments LtdUpdates, 11-08-2025: Company Update

11-08-2025 | 05:40 pm

Salem Erode Investments Limited's Debenture and Bond Committee has approved the allotment of 3,785 Unlisted Secured Redeemable Non-Convertible Debentures. These debentures, with a face value of Rs.1,000/- each, were issued for an aggregate amount of Rs. 0.3785 crore on a private placement basis. This move represents a capital raise for the company, strengthening its financial position through debt financing, which is key for its operations and future growth.

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