BlueStone Jewellery and Lifestyle Limited has received board approval for raising funds of up to ₹300 crore (Indian Rupees Three Hundred Crore only) through the issuance of non-convertible debentures (NCDs) on a private placement basis. The fund raising may be conducted in one or more series/tranches.
The proceeds from the NCD issuance are proposed to be utilized for:
- Refinancing a portion of existing debt
- Business growth requirements including capital expenditure
- Working capital requirements
- General corporate purposes
The Board has authorized the Operations Committee to determine and finalize the terms and conditions of the allotment of NCDs.
Regulatory disclosures as required under Regulation 30(6) of the SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015 read with SEBI Circular No. SEBI/HO/CFD/CFD PoD1/P/CIR/2023/123 dated July 13, 2023 will be made at the time of issuance and/or allotment of the NCDs.
The disclosure was signed by Mandar Godbole, Company Secretary and Compliance Officer (ACS: 30240) on October 22, 2026.