Nature of Disclosure: Regulatory filing pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, regarding board meeting outcomes and fund raising proposal.
Board Meeting Details: The Board of Directors meeting was held on Monday, 07th September 2026, commencing at 10:00 a.m. and concluding at 10:30 a.m.
Approved Proposal: The Board considered and approved raising funds through issuance of 1,00,000 (One Lakh) Secured Redeemable Series VI Non-Convertible Debentures (NCDs) of ₹1,000 each, aggregating to ₹10,00,00,000 (Rupees Ten Crore Only) on private placement basis in one or more tranches.
Instrument Details:
- Type: Secured, Unlisted, Redeemable, Non-Cumulative, Series VI Non-Convertible Debentures
- Issue Type: Private Placement
- Size: ₹10 Crore
- Listing: Not proposed to be listed
- Security: Hypothecation/Pledge in favor of the Debenture Trustee
- Special Rights: None (NA)
- Redemption: Out of Profits/Fresh Issue
- Deemed Date of Allotment: October 03, 2026
Investment Options and Terms:
The NCDs offer five different investment schemes with varying tenures and interest payment schedules:
- Option 1 (Monthly): 400 days tenure, 11.25% interest, paid on first day of every month from month succeeding allotment
- Option 2 (Cumulative): 16 months tenure, interest paid on maturity
- Option 3 (Monthly): 2 years tenure, 11.50% interest, paid on first day of every month from month succeeding allotment
- Option 4 (Monthly): 5 years tenure, 12.00% interest, paid on first day of every month from month succeeding allotment
- Option 5 (Doubling): 68 months tenure, amount doubling scheme, payment on maturity
Regulatory References: Filed under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. SEBI/HO/CFD/CFD-POD-1/P/CIR/2023/123 dated July 13, 2023.
Company Information:
- Corporate Office: Door no. 41/154, First Floor, Knowell Jairaj Building, Edappally bypass, Edappally - 682024
- Contact: +91844033100 / +918139045367, Email: secretarial@rfsl.co.in