Key Quantitative Figures
- Base Issue Size: 50,000 Non-Convertible Debentures
- Face Value: ₹10,000 per debenture
- Base Issue Amount: ₹50,00,00,000 (Fifty Crores)
- Green Shoe Option: Additional ₹50,00,00,000 (Fifty Crores)
- Total Potential Issue: ₹100,00,00,000 (One Hundred Crores)
Dates of Action
- Meeting Date: Tuesday, August 25, 2026
- Trading Window Closure: From August 20, 2026 until 48 hours after meeting conclusion
Parties Involved
- Business Operation Committee of the Board of Directors
- Designated persons and their immediate relatives
- CC to: IDBI Trusteeship Services Limited, Acuite Ratings & Research Limited, Mitcon Credentia Trusteeship Services Limited
Purpose/Rationale
Raising funds by way of issue of Rated, Listed, Unsubordinated, Secured, Transferable, Redeemable, Non-Convertible Debentures on private placement basis.
Financial Impact
Potential fund raising of up to ₹100 crore through NCD issuance. Exact financial impact subject to committee approval and market conditions.
Capital Structure Impact
Potential increase in debt capital through issuance of secured NCDs. No equity dilution mentioned.
Additional Details
- Debenture Features: Rated, Listed, Unsubordinated, Secured, Transferable, Redeemable, Non-Convertible
- Placement Method: Private placement basis
- Reference Number: LIFL/SLC/2026-27/33