Dishman Carbogen Amcis Ltd Approves Issuance of Non-Convertible Debentures up to Rs 75 Crores
Dishman Carbogen Amcis Limited has announced the approval by its Board of Directors for the issuance of Senior, Secured, Rated, Listed, Transferable, Redeemable, Taxable Non-Convertible Debentures (NCDs). The company approved the issue of up to 7,500 debentures, aggregating up to Rs 75,00,00,000/-.The NCDs are being issued on a private placement basis. Each debenture has a face value of Rs 1,00,000/- (Rupees One Lac only). The total size of the issue is up to Rs 75 crores and will be conducted in one or more tranches as mutually agreed among investors.
The proposed instruments are slated for listing in the Wholesale Debt Market Segment of BSE Limited. Key dates related to the debentures include an allotment date set for August 17, 2026, and a maturity date scheduled for February 17, 2028.
A core feature of the issuance is that it will be secured. The NCDs are proposed to be secured to the extent of 1.1x. This security is backed by a first ranking and exclusive charge over the non-agriculture land located at survey number (new) 744, 740, 745, 288/3, 1381, 1379, 1401, and 1377/1 totaling 1,71,476 sq mtrs. in Mouje Gangad/Kalyangadh, Taluka Bavla, District Ahmedabad.
Additionally, Dishman Infrastructure Limited (DIL) is expected to issue an unconditional and irrevocable corporate guarantee in favour of the Debenture Trustee, corresponding to the value of the mortgaged property. Other security measures include a demand promissory note and a letter of continuity.
The debentures are offered with a coupon rate of 10.00% per annum. The interest payments are scheduled quarterly, while the principal payment will be made via a bullet payment upon maturity after an 18-month tenure from the date of allotment.
Key details regarding the Non-Convertible Debenture issuance are summarized in the table below:
| Particulars | Details |
|---|---|
| Type of Security | Senior, Secured, Rated, Listed, Transferable, Redeemable, Taxable Non-Convertible Debentures |
| Issuance Type | Private Placement to all eligible investors |
| Total Securities Proposed | Upto 7,500 NCDs at Rs 1,00,000/- each |
| Issue Size | Up to Rs 75 crores in tranches |
| Listing Status | Yes, Wholesale Debt Market Segment of BSE Limited |
| Allotment Date (Scheduled) | August 17, 2026 |
| Maturity Date (Scheduled) | February 17, 2028 |
| Coupon Offered | 10.00% p.a. (Paid Quarterly) |
| Security Cover | Secured to the extent of 1.1x |
| Principal Repayment | Bullet payment on maturity |
DCAL Stock Price Movement
As of 12:18 PM, shares of Dishman Carbogen Amcis Limited are slipping by 3.1% in live trading, currently trading at ₹187.43 after shedding ₹6.00 from the previous close. The stock’s performance is marked by a trade volume of 129,541, with the equity reaching a day low of ₹186.50 from its open price of ₹193.43.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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