<h1>Anand Rathi Allocates Rs 5 Crore in Secured NCDs via Private Placement</h1>
Anand Rathi Share and Stock Brokers Limited announced the allotment of Secured, Unlisted, and Redeemable Non-Convertible Debentures (NCDs) worth up to Rs 5 crore through a private placement basis. The issuance concluded on July 10, 2026.
The company allotted a total of 500 NCDs, each carrying a face value of Rs 1,00,000/- (Rupees One Lakh Only). This tranche of debentures aggregates to a maximum size of Rs 5,00,00,000/- (Rupees Five Crores Only).
The terms and conditions for the issuance, which was structured as a private placement, detail a tenure of 1 Year 10 days. The debentures have an allotment date of July 10, 2026, with a maturity date set for July 20, 2027.
Key financial and operational details regarding the NCDs are summarized below:
| Detail | Specification |
|---|---|
| Type of Securities | Secured, Unlisted, and Redeemable Non-Convertible Debentures |
| Issuance Method | Private Placement Basis |
| Total Allotted | 500 NCDs |
| Issue Size (Aggregate) | Not more than Rs 5,00,00,000/- (Rupees Five Crores Only) |
| Tenure | 1 Year 10 days |
| Coupon/Interest Rate | 9.50% |
| Payment Schedule | Quarterly for interest and principal |
The NCDs are secured by a first ranking charge established by way of hypothecation over all present and future unencumbered assets, book debts, and receivables, as defined in the related deed of hypothecation dated June 2, 2026.
Regarding repayment terms, full redemption will occur on the date of maturity. The structure also specifies that in the event of a default in the payment of interest or principal amount on the due dates, an additional interest rate of 2% per annum over the Interest will be payable by the company for the period commencing from the date of default until such payment is made.
ARSSBL Stock Price Movement
Shares of Anand Rathi Share and Stock Brokers Limited slipped by 0.31% to settle at ₹570.45 today.The stock recorded a traded volume of 372,688 shares during the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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