SI Capital & Financial Services Ltd — Important, 07-03-2026: Company Update
07-03-2026 | 11:45 am
07-03-2026 | 11:45 am
The Board has approved fundraising up to Rs 0.50 Cr by issuing Secured Unlisted Redeemable Non-Convertible Debentures (NCDs) through a private placement. These NCDs will have a tenure of up to 60 months and offer a 12% interest rate, payable monthly. This strategic move aims to enhance the company's financial flexibility and support ongoing operations or future business initiatives without diluting existing equity. It provides capital infusion to strengthen the balance sheet.
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