ALPHA TRIBE

SI Capital & Financial Services LtdImportant, 25-09-2025: Company Update

25-09-2025 | 03:49 pm

The company's Board has approved the issuance of Secured Unlisted Redeemable Non-Convertible Debentures (NCDs) for a maximum amount of 0.565 Cr. These NCDs will be issued through a private placement and will not be listed. They have a maximum tenure of 60 months and offer an annual interest rate of 12.00%, payable monthly. The debentures will be secured by a first charge on the company's assets. This move aims to raise capital, potentially strengthening the company's financial position and funding its operations without diluting equity.

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