Finkurve Financial Services Ltd. Approves Fundraising via NCDs and Announces Registered Office Shift
Finkurve Financial Services Ltd. announced on March 20, 2026, that its Board of Directors approved the raising of funds through the issuance of Non-Convertible Debentures (NCDs) for an amount up to Rs. 25,00,00,000 (Rupees Twenty-Five Crore only) on a Private Placement basis via an Electronic Bidding Platform. The board also approved the Draft Letter of Offer for the NCD issuance.The company plans to issue 25,000 Non-Convertible Debentures with a face value of Rs. 10,000 each, with an issue price of Rs. 10,000 each. The NCDs will have a tenure of 21 months and 3 days, with a coupon rate of 11.16% and monthly interest payments. The maturity date is set for December 26, 2027. The issue will be secured by a first-ranking exclusive and continuing charge over certain identified receivables, constituting at least 1.10x of the outstanding amounts. Charge filing will be completed within 30 days from the deemed date of allotment.
The Board meeting commenced at 11:45 a.m. and concluded at 12:00 p.m.
In a separate announcement, Finkurve Financial Services Ltd. reported a shift in its registered office within the local limits of Mumbai, effective March 20, 2026. The new registered office address is: Unit No 1, Trade Garden, 1st Floor, Building No. A, Kamala Mills Compound, Lower Parel, Delisle Road, Mumbai 400 013. The telephone number remains 022-42441200, and the email address is kajal.khetani@arvog.com & finkurvefinancial@gmail.com.
| Registered Office Address: | Unit No 1, Trade Garden, 1 st Floor, Building No. A, Kamala Mills Compound, Lower Parel, Delisle Road, Mumbai 400 013 |
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| Telephone Number: | 022-42441200 |
| E-mail address: | kajal.khetani@arvog.com &finkurvefinancial@gmail.com |
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