Deccan Cements Limited Allots Various Debentures in Board Meeting Transaction
Deccan Cements Limited announced the outcome of its Board of Directors meeting held on June 25, 2026. During the meeting, the company allotted multiple tranches of debentures, including compulsory convertible debentures (CCDs) and two series of non-convertible debentures (NCDs).The company executed the allotment across three categories of securities. The transactions relate to unlisted and unrated instruments, as detailed below:
| Instrument Type | Quantity Allotted | Face Value Per Unit | Total Aggregation Amount |
|---|---|---|---|
| Unsecured CCDs | 14,40,559 | INR 715/- | INR 102,99,99,685/- |
| Series A NCDs (Secured) | 15,000 | INR 1,00,000/- | INR 150,00,00,000/- |
| Series B NCDs (Secured) | 40,700 | INR 1,00,000/- | INR 407,00,00,000/- |
The Board meeting of Deccan Cements Limited commenced at 17:45 IST and concluded at 18:15 IST on June 25, 2026.
DECCANCE Stock Price Movement
Edging higher on a positive close, shares of Deccan Cements Limited finished the trading session on Thursday at ₹590.75, reflecting a 1.56% gain. Trading activity included 31,265 shares as the equity concluded its day with steady upward momentum.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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