Key Quantitative Figures
The Company has allotted the fourth and final tranche of its approved fundraising plan:
- Total Approved Fundraising: ₹300,00,00,000 (Indian Rupees Three Hundred Crores)
- Tranche 4 Amount: ₹25,00,00,000 (Indian Rupees Twenty-Five Crores)
- Number of Instruments: 250 (Two Hundred and Fifty) debentures
- Face Value per Debenture: ₹10,00,000 (Indian Rupees Ten Lakhs)
Dates of Action
- Allotment Date: October 09, 2026
- Maturity Date: June 18, 2030
- Tenure: Approximately 3 years, 8 months from allotment
Instrument Characteristics
The allotted NCDs are:
- Unlisted
- Unrated
- Senior
- Secured
- Redeemable
- Non-Convertible
Parties Involved
- Issuer: Puravankara Limited
- Investors: Identified investors (not disclosed)
- Approving Authority: Management Sub-Committee of the Board of the Company
Additional Details
Specific terms including coupon/interest rate, payment schedule, security details, and redemption manner are contained in the private Placement Agreement Series-4 (PAS-4) documents circulated to the identified investors and are not publicly disclosed in this filing.
Financial Impact
The transaction represents a cash inflow of ₹25 crore to the company through debt financing. The NCDs are secured against company assets, though specific collateral details are not disclosed.
#Tags: #Puravankara #NCD #PrivatePlacement #SEBIDisclosure #RegulatoryCompliance #FinancialUpdate #Neutral