Mohite Industries Ltd — Important, 14-01-2026: Company Update

The Board of Mohite Industries Limited has approved issuing 1500 unlisted, transferable Non-Convertible Debentures (NCDs) via a private placement. Each NCD carries a face value of Rs. 10 Lakh, collectively raising Rs. 150 Cr. These NCDs offer an 11% annual interest rate and will mature between 30 and 144 months. Principal repayment will occur in 20 equal semi-annual instalments of ₹7.50 Cr, commencing from month 30. This debt issuance provides the company with capital, secured against its assets, supporting its operational needs and growth strategies.