IBL Finance Limited Allots 35 Non-Convertible Debentures in Private Placement
IBL Finance Limited has finalized the allotment of Unlisted, Senior, Secured, Unrated, Taxable, Redeemable Non-Convertible Debentures (NCDs) worth Rs. 35,00,000/- through a private placement offering. The issuance was approved by the Company's Finance Committee on July 4, 2026.The company allotted 35 NCDs, with each debenture having a face value of Rs. 1,00,000/- and an issue price of Rs. 1,00,000/-. The offering, conducted on a private placement basis to identified eligible investors, successfully raised a total of Rs. 35,00,000/-.The issuance process was preceded by the Board of Directors approving the NCD issuance in its meeting held on July 16, 2025...