Moneyboxx Finance Ltd Completes Allotment of Non-Convertible Debentures in Private Placement
Moneyboxx Finance Limited announced the allotment of 50,000 Listed, Senior, Secured, Transferable, Redeemable, Non-Convertible Debentures (NCDs) on a private placement basis. The approval for the issuance was granted by the Working Committee of the Board of Directors on Tuesday, July 21, 2026.The debentures were allotted at a face value of INR 10,000 per NCD. A single entity, CAPRI GLOBAL CAPITAL LIMITED, was the allottee investor, securing the entire issuance amount.
The total size of the issue amounted to INR 50,00,00,000 (Indian Rupees Fifty Crore).
Key Terms and Investment Details
The debentures are classified as Listed, Rated, Senior, Secured, Transferable, Redeemable, Non-Convertible Debentures. The issuance was conducted via Private Placement, and the security is listed for subsequent listing on BSE Limited.Key details regarding the NCD instrument include:
| Particulars | Details |
|---|---|
| Type of Security | Listed, Senior, Secured, Transferable, Redeemable, Non-Convertible Debentures |
| Issuance Method | Private Placement |
| Total Issue Size | INR 50,00,00,000 (Fifty Crore) |
| Tenure | 24 months from Deemed Date of Allotment |
| Date of Allotment | July 21, 2026 |
| Date of Maturity | July 21, 2028 |
| Interest Rate | 10.75% p.a.p.m |
Principal Repayment and Security Structure
The debentures are secured by a first ranking exclusive and continuing charge to be created via a deed of hypothecation over identified receivables of the Issuer, fixed deposit lien marked in favor of Debenture Trustee, pledge on NCDs favor of the Debenture Trustee, or on such other unencumbered assets as mutually agreed upon.The principal repayment structure is scheduled across four tranches:
| Repayment Date | Principal Amount (Per Unit) |
|---|---|
| October 21, 2027 | INR 12,50,00,000.00 |
| January 21, 2028 | INR 12,50,00,000.00 |
| April 21, 2028 | INR 12,50,00,000.00 |
| July 21, 2028 | INR 12,50,00,000.00 |
The issue includes provisions for default in payment of interest or principal, stating that if a default occurs, additional interest at 2% p.a. over the coupon rate will be payable by the Issuer for the defaulting period.
MONEYBOXX Stock Price Movement
As of 1:04 PM, shares of Moneyboxx Finance Limited are slipping by 2.13% in live trading, currently priced at ₹56.96 after shedding ₹1.24 from previous close. The stock has seen a volume of 15,097 shares traded so far today.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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