ALPHA TRIBE

Salem Erode Investments LtdImportant, 15-11-2025: Company Update

15-11-2025 | 12:08 pm

Salem Erode Investments Limited's Debenture and Bond Committee has approved the allotment of 8,430 Unlisted Secured Redeemable Non-Convertible Debentures. These debentures, each with a face value of Rs. 1,000, amount to a total of Rs. 0.843 Cr. The allotment was carried out via a private placement. This action signals a capital raising initiative for the company, impacting its financial structure by adding secured debt through private funding.

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