Summary of Key Information:
Reporting Period (Quarter/Year): Not Specified
Nature of Filing / Announcement: Outcome of Board's Constituted Committee Meeting - Fundraising Approval
Audit Opinion:
Not Specified
Key Financial Highlights:
Not Specified
Standalone Results:
Not Specified
Consolidated Results:
Not Specified
Segment-wise Performance:
Not Specified
Corporate Actions:
The Board's constituted committee approved raising funds up to INR 160 crores through issuance of up to 16,000 Non-Convertible Debentures (NCDs) of face value INR 1,00,000 each.
Key terms of the NCD issuance:
- Type: Rated, Unlisted, Secured, Redeemable, Taxable, Non-Convertible Debentures
- Issuance method: Private Placement basis
- Structure: To be issued in one or more tranches, part of tranches and/or series
- Listing: Not proposed to be listed at any stock exchange
- Security: Shall be secured by a charge on identified assets of the Company and/or its subsidiaries
- Tenure: To be decided by Board's constituted committee and mutually agreed upon
- Coupon/Interest: To be decided by Board's constituted committee and mutually agreed upon
- Redemption details: To be decided by Board's constituted committee and mutually agreed upon
Other Significant Information:
The company was formerly known as Equinox India Developments Limited.
Company CIN: L45101HR2006PLC095409