IBL Finance Limited Allots Rs. 49 Lacs in Non-Convertible Debentures via Private Placement
IBL Finance Limited announced the allotment of Unlisted, Senior, Secured, Unrated, Taxable, Redeemable Non-Convertible Debentures (NCDs) aggregating Rs. 49,00,000/-. The allotment was approved by the company’s Finance Committee during its meeting held on April 14, 2026.The issuance of the NCDs was undertaken on a Private Placement basis. The company stated that the issuance was previously approved by the Board of Directors in its meeting on July 16, 2025, and further sanctioned by the Special resolution of the shareholders at the Annual General Meeting held on August 22, 2025.The company allotted a total of 49 NCDs, each having a face value of...