Unifinz Capital India Approves Issuance of INR 60 Crore in Secured Non-Convertible Debentures
Unifinz Capital India Ltd, based on a meeting of its Finance Committee held on April 17, 2026, announced the approval for the issuance of listed, rated, senior, secured, non-convertible debentures (NCDs). The debentures are set to be issued to raise aggregate nominal value amounting to INR 60,00,00,000.The proposed issuance, structured as a private placement, targets the capital raise through fixed-income instruments.
The Company approved the issuance of 60,000 listed, rated, senior, secured, taxable, transferable, redeemable, non-convertible debentures. These debentures are denominated in Indian Rupees, each having a face value of INR 10,000.
Key Details of the Debenture Issuance
The debentures include a green shoe option, allowing the potential for an additional nominal value. The core financial terms of the issuance are detailed below:| Parameter | Details |
|---|---|
| Type of Securities | Listed, rated, senior, secured, non-convertible debentures (NCDs) |
| Issue Structure | Private Placement |
| Total Nominal Value | INR 60,00,00,000 (Indian Rupees Sixty Crore) |
| Green Shoe Option | Up to INR 40,00,00,000 (Indian Rupees Forty Crore) |
| Number of Debentures | 60,000 |
| Face Value (Per Unit) | INR 10,000 |
| Coupon/Interest Rate | 13% per annum, payable monthly |
| Allotment Date | April 23, 2026 |
| Maturity Date | April 23, 2028 |
| Tenure | 24 months |
Security and Redemptions
The debentures will be listed on the Wholesale Debt Market segment of BSE Limited.The Company confirmed that the outstanding amount of the debentures will be secured on or prior to the Deemed Date of Allotment. Security is being created through:
1. A first ranking exclusive and continuing charge over certain identified book debts/receivables of the Company (Hypothecated Assets).
2. Such other security interest as may be mutually agreed upon by the Company and the debenture holders.
The value of the Hypothecated Assets must, at all times, be at least 1.20 times the value of the outstanding amounts in respect of the debentures.
The debentures shall be redeemed on a pari passu basis by the Company by making payment of the outstanding principal amounts on the Final Redemption Date.
In the event of a payment default for a period exceeding three months, additional interest at 4% per annum above the agreed Interest Rate will be payable on the outstanding principal amounts until the default is cured or the debentures are redeemed.
Stock Price Movement
Unifinz Capital India Ltd shares settled at ₹104.00 on Friday, posting a strong 4.00% gain for the day. Throughout the session, the stock ranged between an intraday low of ₹100.00 and a high of ₹104.00.Source:
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