Shalibhadra Finance Ltd. Approves Debenture Issuance of Up to Rs. 19,50,00,000
Shalibhadra Finance Limited announced that its Board of Directors approved the issuance of senior, secured, rated, listed, redeemable, transferable, non-convertible debentures with a nominal value of up to Rs. 19,50,00,000 on a private placement basis. The meeting of the Board of Directors was held on March 23, 2026.The debentures will be listed on the BSE Limited. A coupon rate of 12% per annum will be paid monthly.The debentures will be secured by a first ranking, exclusive and continuing charge over specific loan receivables/book debts, and an unconditional and irrevocable personal guarantee from the promoters.Details regarding the date of allotment...