Shalibhadra Finance Ltd's Board approved issuance of secured, listed NCDs worth up to ₹19.50 crore on private placement basis.
The NCDs carry a coupon rate of 12% per annum, payable monthly, and are proposed to be listed on BSE Limited.
Security cover includes first-ranking hypothecation over loan receivables and unconditional personal guarantees from promoters.
Disclosure filed under Regulation 30 read with Schedule III of SEBI Listing Regulations, referencing SEBI Circular dated November 11, 2024.