Board approved private placement of 1000 secured, rated, listed NCDs aggregating ₹10 crore with 15% annual coupon.
Appointed Catalyst Trusteeship Limited as trustee for the NCD issuance, which has a 19-month tenure.
NCDs will be listed on BSE Limited and feature monthly interest payments and principal redemption.
Disclosure made under SEBI Listing Regulations and specific circular regarding non-convertible securities issuance.