Emerald Leisures Ltd — Important, 04-08-2026: Company Update
04-08-2026 | 02:06 pm
04-08-2026 | 02:06 pm
Emerald Leisures' board has approved the allotment of the initial part of Secured, Unlisted, Redeemable, Non-Convertible Debentures (NCDs) through a private placement. The company allotted 550 NCDs, each with a face value of ₹10 Lakh, totaling ₹55 Crore from the approved issue of 1,050 NCDs worth ₹105 Crore. This capital raise, secured by company assets, carries a 10% annual interest payable monthly, with a 6% redemption premium. This move secures significant funding for the company.
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