The Board of Directors of Supra Pacific Financial Services Ltd held a meeting on Thursday, September 17, 2026, which commenced at 10:30 a.m. and concluded at 12:00 p.m.
Key Decisions and Approvals
1. Minutes of Previous Meeting: The Board took note of the minutes of the previous Board Meeting.
2. NCD Issuance Approval: The Board considered, discussed, and approved the issue of secured, unrated, unlisted Non-convertible Debentures (NCDs) on a private placement basis under the category with minimum subscription of ₹1 crore or above per investor.
NCD Issue Details (Regulation 30 Disclosure)
- Size of Issue: 5,000 Non-Convertible Debentures aggregating to ₹50,00,00,000 (₹50 crore)
- Listing: Not proposed to be listed
- Tenure: 2 years
- Allotment Date: Within one month from approval
- Maturity Date: 2 years from allotment date
- Interest Rate: 12.00% per annum for 2 years
- Interest Payment Schedule: Monthly payments until maturity
- Principal Payment Schedule: Bullet payment at maturity (end of 2 years)
- Security: Created on the Current Assets of the company
- Special Rights/Privileges: None
- Default History: No history of delay in payment of interest/principal beyond three months from due date
- Redemption Details: Redemption at maturity (end of 2 years after allotment)
- Cancellation/Termination: None
The issuance complies with SEBI Circular no. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, and Regulation 30 of SEBI Listing Regulations.
Other Agenda Items
3. Business Operations Review: The Board reviewed the business operations and prospects of the company.
4. Other Business: Any other business with the permission of the chair arising out of the above business and incidental and ancillary matters.
The document was digitally signed by Leena Yezhuvath, Company Secretary, on September 17, 2026 at 12:13:41 IST.