Shalibhadra Finance Debt & Borrowing: ₹20 Cr
Shalibhadra Finance Ltd approved the issuance of non-convertible debentures (NCDs) up to ₹20 Crore on a private placement basis.
- Value
- ₹20.00 Cr
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Shalibhadra Finance Ltd approved the issuance of non-convertible debentures (NCDs) up to ₹20 Crore on a private placement basis.
Shalibhadra Finance filed a security cover certificate for the quarter ended June 30, 2026, confirming a 1.25x security cover for its ₹19.50 Crore listed NCDs.
Shalibhadra Finance Limited successfully raised ₹19.50 Crore through the issuance of secured, listed Non-Convertible Debentures (NCDs). The NCDs carry a 12% annual coupon with a 24-month tenure. Proceeds will support lending operations and optimize the company's liability profile, reflecting strong investor confidence in its retail-focused NBFC model.