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Laxmi India Finance LimitedImportant, 12-02-2026: Committee Meeting Updates

12-02-2026 | 02:11 pm

Laxmi India Finance's Business Operation Committee has approved the issuance of listed, rated, senior, secured, transferable, redeemable Non-Convertible Debentures (NCDs). The company plans to raise up to ₹ 50 Cr through a private placement of 50,000 NCDs, each with a face value of ₹ 10,000. These NCDs are proposed to be listed on the BSE Wholesale Debt segment and will be secured by a charge on identified receivables. This capital raise aims to support the company's business operations.

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