Laxmi India Finance Limited — Important, 25-08-2026: Committee Meeting Updates

Laxmi India Finance's Business Operation Committee has approved issuing up to 1,00,000 Rated, Listed, Secured Non-Convertible Debentures (NCDs) through private placement. These NCDs, each with a face value of INR 10,000, will raise an aggregate nominal value of up to INR 100 Cr. This total amount incorporates a green shoe option for up to 20,000 NCDs, valued at INR 20 Cr. The NCDs will be listed on the BSE Wholesale Debt Market and are secured by a charge on identified receivables. This capital raise aims to strengthen the company's financial position and support its operations.