Supra Pacific Financial Services Ltd. Approves Issue of Non-Convertible Debentures

Supra Pacific Financial Services Ltd. Approves Issue of Non-Convertible Debentures​

Supra Pacific Financial Services Ltd. announced on April 2, 2026, that its Board of Directors approved the issuance of secured, unrated, unlisted, Non-convertible Debentures (NCDs) on a private placement basis. The company plans to issue 200,000 NCDs, aggregating to a total of ₹20,00,00,000.

The NCDs will have a tenure of 2 years, with allotment expected within one month and maturity at the end of two years. Interest rates will vary, with a rate of 11.60% for 2 years paid monthly and 11.75% for 2 years paid yearly. Principal repayment will occur at the end of the two-year period. The NCDs will be secured by the company's current assets.

Debenture Committee Established​

To oversee the allotment process, the Board established a Debenture Committee consisting of Joby George, Managing Director (Chairman), Sandeep Babu, T, Non-Executive Director (Member), and AG Varughese, Independent Director (Member). The committee will be responsible for finalizing investor allotments and addressing any adjustments or discrepancies.

Registered Office Relocation​

The Board also approved a proposal to relocate the company’s registered office from Dreamax Height, Andheri East, Mumbai, to Kanakia Wallstreet, Andheri (East), Mumbai. The move is intended to facilitate operational convenience and business expansion.

During the meeting, the Board reviewed the company's business operations and prospects.

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