Key Quantitative Figures
- Issue of 40,000 Unlisted Secured Redeemable Non-Convertible Debentures
- Face value: ₹1,000 per debenture
- Total issue size: ₹4,00,00,000 (Four Crore rupees)
Transaction Details
- Issue type: Private placement basis in one or more tranches
- Allotment to be completed within 30 days from receipt of application money
- Tenure options: 36 months and 68 months
- Date of maturity based on tenure selection from date of allotment
Interest Structure
Monthly Scheme (36 Months):
- Coupon Rate: 12.00% per annum
- Payment schedule: Payable on first day of every month
Cumulative Scheme (36 Months):
- Cumulative interest payable at maturity
Cumulative Scheme (68 Months - Doubling):
- Cumulative interest payable at maturity
Special Features
- Put option available for 36-month schemes
- Interest rate reduction applies if put option exercised as per terms in Private Placement Offer cum Application Letter
Security Details
- Fully secured against current assets, loans and advances
- Secured against standard gold loan receivables and other unencumbered assets
- Excludes fixed assets
- Minimum security cover: 100% of outstanding debenture balance plus accrued interest
- Charge created in favour of Vistra ITCL (India) Limited as Debenture Trustee
Meeting Details
- Meeting date: July 23, 2026
- Commencement: 03:00 PM IST
- Conclusion: 04:15 PM IST