Galactico Corporate Services Ltd — Important, 07-03-2026: Company Update
07-03-2026 | 05:30 pm
07-03-2026 | 05:30 pm
The company's subsidiary, Instant Finserve Private Limited, recently managed its debenture capital. It allotted Optionally Convertible Redeemable Debentures (OCRDs) worth Rs. 5.50 Cr to the parent company, Galactico Corporate Services Limited, following member approval. Concurrently, the subsidiary redeemed Optionally Convertible Debentures (OCDs) also amounting to Rs. 5.50 Cr from Mrs. Charushila Lathi, fulfilling the terms of their issue. This indicates a restructuring or rebalancing of its debt financing arrangements, impacting its capital structure.
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