Unifinz Capital India Ltd. Board Approves Interim Dividend and Debenture Issuance
Unifinz Capital India Ltd. announced on March 28, 2026, that its Board of Directors has approved an interim dividend of Rs. 0.50 per equity share, equivalent to 5% of the Rs. 10 face value per share. The company has set April 6, 2026, as the record date for determining shareholder eligibility for the dividend payout.The Board also authorized the offer, issue, and allotment of non-convertible debentures totaling up to INR 315,00,00,000 (Indian Rupees Three Hundred Fifteen Crore only). These debentures will be issued in one or more tranches on a private placement basis, subject to market conditions and applicable regulatory approvals. The earlier resolution passed on February 05, 2026, regarding a debenture issuance limit has been revised to this new amount.
The company's Finance Committee has been authorized to finalize the terms of the proposed debenture issuances, including the detailed terms and conditions.
Details regarding the debenture issuance are presented below:
| Type of securities proposed to be issued | Non-convertible debentures (subordinated, listed or unlisted, senior secured, senior unsecured, unsecured, any others) |
|---|---|
| Size of the issue | Up to INR 315,00,00,000 (Indian Rupees Three Hundred Fifteen Crore only) in one or more tranches. |
| Whether proposed to be listed? | To be determined for each tranche at the time of finalization of the terms of such tranche. |
| Tenure of Instrument | To be determined for each tranche at the time of finalization of the terms of such tranche. |
| Coupon/interest | To be determined for each tranche at the time of finalization of the terms of such tranche. |
| Charge/security | To be determined for each tranche at the time of finalization of the terms of such tranche. |
| Special right/interest/privileges | To be determined for each tranche at the time of finalization of the terms of such tranche. |
| Delay in payment of interest / principal | To be determined for each tranche at the time of finalization of the terms of such tranche. |
| Details of any letter or comments | N.A. |
The Board meeting commenced at 3:00 P.M. and concluded at 4:00 P.M. Additional details are available on the company's website at https://www.unifinz.in.
Source:
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.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Last edited by a moderator: