Supra Pacific Financial Services Approves Private Placement of Secured Non-Convertible Debentures
Supra Pacific Financial Services Ltd announced that its Board of Directors approved the issuance of secured, unrated, and unlisted Non-convertible Debentures (NCDs) through a private placement process. The approval came following a meeting held on July 25, 2026.The debentures are offered under specific terms, with a maximum subscription limit set at less than ₹1 crore per investor.
Key Details of NCD Issuance
The company greenlit the issuance of 1,00,000 Non-Convertible Debentures (NCDs), aggregating to Rs. 10,00,00,000. The debentures are not proposed for listing on any stock exchange.The maturity tenures available include 13 months, 24 months, 36 months, 60 months, and 70 months. Allotment for the instruments must take place before August 31, 2026, with maturity dates corresponding to the respective tenure chosen by the investor.
Interest Rate Structure and Tenure Options
The company offered several interest rates across the different tenures, depending on the payment schedule (monthly or yearly) and whether the subscription is from a woman or senior citizen.Details of the coupon/interest offerings are provided below:
| Tenure | Interest Rate Details |
|---|---|
| 13 Months | 11.00% for monthly payment; 11.25% for yearly payment; 11.25% for monthly payment (women and senior citizen); 11.50% for yearly payment (women and senior citizen). |
| 24 Months | 11.60% for monthly payment; 11.75% for yearly payment; 11.75% for monthly payment (women and senior citizen); 11.75% for yearly payment (women and senior citizen). |
| 36 Months | 11.75% for monthly payment. |
| 60 Months | Interest rate details provided in the source material state "End of 60 months after the allotment" and "60 months monthly/yearly." |
| 70 Months | The instrument covers a tenure up to 70 months, with redemption occurring at the end of 70 months. |
Redemption and Security Terms
Regarding security and redemption, the Board confirmed that there are no charges or security created over the assets attached to the instrument for the various tenures (13, 24, 36, 60, or 70 months).The details of redemption confirm that the debentures will be redeemed on maturity. The instruments involve a tenure ranging from 13 months up to 70 months after the allotment date. Details regarding any cancellation or termination of the issuance proposal were noted as Nil.
Stock Price Movement
Supra Pacific Financial Services Ltd closed trading on Friday, shedding 0.53% to settle at ₹33.67. The shares moved through a volatile session, ranging between an intraday low of ₹33.05 and a high of ₹33.99.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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