Pace Digitek Limited's Board of Directors, at its meeting held on Monday, October 12, 2026, approved the issuance of non-convertible debentures (NCDs) aggregating up to ₹250 crore. The board meeting commenced at 11:30 AM IST and concluded at 12:45 PM IST.
The key details of the NCD issuance are:
Security Details:
- Type: Rated, Listed, Secured, Redeemable Non-Convertible Debentures
- Quantity: Up to 2,50,000 NCDs
- Face Value: ₹10,000 per NCD
- Total Issue Size: Up to ₹250,00,00,000 (Indian Rupees Two Hundred and Fifty Crore Only)
Issuance Structure:
- Method: Private Placement to all eligible investors
- Tranches: One or more tranches
- Listing: Wholesale Debt Market Segment of BSE Limited
Terms to be Determined:
Specific details including tenure (date of allotment and maturity), coupon/interest rate, schedule of interest and principal payments, charge/security over assets, special rights/privileges attached to the instrument, and redemption details will be provided at the time of allotment of respective NCDs as specified in the Key Information Document (KID).
Additional Information:
- There are no details of any letter or comments regarding payment/non-payment of interest or principal
- No cancellation or termination of the issuance proposal at this stage
The disclosure is made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.