ALPHA TRIBE

BCC Fuba India LtdImportant, 13-04-2026: Company Update

13-04-2026 | 06:21 pm

BCC Fuba India Limited has been allotted Optionally Convertible Debentures (OCDs) worth 8 Cr issued by its subsidiary, Iogems Technologies Private Limited, through a private placement. These 7% unsecured OCDs have a 7-year tenure and pay annual interest. As the holder, BCC Fuba has the option to convert these OCDs into Iogems' equity shares before maturity, with the conversion price determined by a valuation. This strategic investment provides capital to the subsidiary and signifies BCC Fuba's ongoing commitment to its growth.

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