Key Decision
The Board of Directors of Shalibhadra Finance Limited, in its meeting held on Tuesday, 13th October 2026, approved the issuance of senior, secured, rated, listed, redeemable, transferable, non-convertible debentures (NCDs) with an aggregate nominal value of up to ₹24,00,00,000 (Rupees Twenty Four Crores only).
Issuance Details
- Type of Securities: Senior, secured, rated, listed, redeemable, transferable, non-convertible debentures
- Issuance Method: Private placement basis
- Total Issue Size: ₹24,00,00,000 (Twenty Four Crores)
- Proposed Listing: BSE Limited
Key Terms to be Finalized
The following specific terms will be determined in subsequent transaction documents:
- Date of Allotment
- Date of Maturity
- Coupon/interest rate offered
- Schedule of payment of coupon/interest and principal
- Charge/security created over assets
- Terms for delay in payment of interest/principal beyond three months from due date
- Default provisions
Instrument Features
- Special Rights/Privileges: None mentioned; rights will be detailed in the debenture trust deed
- Redemption Details: Not applicable (pertains to preference shares)
- Cancellation/Termination: Not applicable
Meeting Details
- The board meeting commenced at 3:30 PM and concluded at 7:00 PM on October 13, 2026
- This intimation follows a previous communication dated October 7, 2026