Usha Financial Services Limited to Consider Additional Debt Issuance at Upcoming Board Meeting

Usha Financial Services Limited to Consider Additional Debt Issuance at Upcoming Board Meeting

Usha Financial Services Limited to Consider Additional Debt Issuance at Upcoming Board Meeting​

Usha Financial Services Limited announced an expansion to the agenda of its Board of Directors meeting scheduled for March 28, 2026. The meeting, previously announced on March 25, 2026, will now include consideration of the issuance of Non-Convertible Debentures (Series Q) on a private placement basis.

The Board will also consider and approve the allotment of the 2nd Tranche of 12% Secured Redeemable Non-Convertible Debentures (Series P) on a private placement basis.

The revised agenda for the Board Meeting is detailed below:

Agenda Item
1To consider and approve the allotment of 2nd Tranche of 12% Secured Redeemable Non-Convertible Debentures (Series P) on a private placement basis.
2To consider and approve the issuance of Non-Convertible Debentures (Series Q) on a private placement basis.
The announcement follows the company's previous intimation regarding the Board meeting.

Source:​

 

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