- All
- Important
- Financial Update
- Fund Raise
- Board Meeting
- Dividend/Bonus
- JV/Acquisition
- Investor Meet
- Insider Trade
- Pledging
- Others
Loading...
Laxmi India Finance Limited's Business Operation Committee approved the private placement allotment of 1,00,000 Non-Convertible Debentures (NCDs) totaling INR 100 Crore. This includes 70,000 Series A NCDs worth INR 70 Cr and 30,000 Series B NCDs worth INR 30 Cr. These NCDs are rated, listed, and secured, offering an annual interest rate of 10.50% payable monthly. With a 36-month tenure, these debentures are set to be listed on the BSE Wholesale Debt Market, bolstering the company's financial resources.