Cellecor Gadgets Limited Board Approves Allotment of Foreign Currency Convertible Bonds
Cellecor Gadgets Limited announced that its Board of Directors approved the allotment of Unsecured Foreign Currency Convertible Bonds (FCCBs) during a meeting held on April 27, 2026. The company utilized the allotment of 2% Unsecured Foreign Currency Convertible Bonds at a discount of 12%.The Board meeting for Cellecor Gadgets Limited commenced at 11:30 A.M. and concluded at 12:10 P.M. The approval relates to the issuance of FCCBs with an aggregate amount of USD 33,000,000.
The key terms and financial details of the Foreign Currency Convertible Bonds are outlined below:
| Type of Security | Foreign Currency Convertible Bonds (FCCBs) |
|---|---|
| Aggregate Amount | USD 33,000,000 |
| Number of FCCBs Allotted | 330 |
| Face Value per Bond | USD 100,000 |
| Coupon Rate | 2% per annum |
| Tenure | 60 months |
| ISIN | MU000000362 |
Cellecor Gadgets Limited, which was previously known as Unitel Info Limited and Unitel Info Pvt. Ltd., confirmed the approval of the bonds through the Board meeting held on April 27, 2026.
CELLECOR Stock Price Movement
Shares of Cellecor Gadgets Limited are shedding value, falling 1.10% in live trading, and currently trading at ₹36.1 as of 12:39 PM. The stock has seen 288,000 shares traded so far, maintaining its price action within the intraday range of ₹35.5 to ₹36.8.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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