Richfield Financial Services allotted 14,600 secured NCDs worth ₹1.46 crore on private placement basis.
The NCDs offer four tenure options with coupon rates ranging from 11.25% to 12% and monthly interest payments.
Secured by first ranking pari passu charge on company's movable assets including book debts and receivables.
Finance Committee approved the allotment on May 20, 2026, with instruments not proposed for listing.