Key Details
Management Committee Meeting
- Scheduled for Friday, 21st August 2026
- Purpose: To consider and approve issuance of Non-Convertible Debentures on private placement basis
- This meeting follows prior intimation dated 12th May 2026
Fundraising Proposal
- Maximum amount: Up to ₹100 crores
- Instrument: Non-Convertible Debentures (secured/unsecured)
- Placement method: Private placement basis
- Compliance: To be issued in accordance with SEBI Guidelines for NCDs, Companies Act 2013, and other applicable laws
Trading Window Closure
- Closed for insiders from 10th August 2026
- Will remain closed until expiry of 48 hours after announcement of Management Committee Meeting outcome
- Closure implemented in accordance with Emkay Global Financial Services Limited - Insider Trading Policy
Sequence of Events
1. 30th April 2026: Initial intimation of Board meeting scheduled for 15th May 2026 (referenced but not included in this document)
2. 12th May 2026: Prior intimation about fundraising proposal through NCDs up to ₹100 crores
3. 18th August 2026: Update on Management Committee meeting scheduled for 21st August 2026 to approve NCD issuance
Financial Impact
- Potential fundraising of up to ₹100 crores through debt instruments
- Financial impact subject to approval and successful completion of the NCD issuance