Supra Pacific Financial Services Ltd's Board approved issuance of 2,00,000 secured, unlisted NCDs aggregating ₹20 crore on private placement basis.
NCDs carry interest rates of 11.60% (monthly) or 11.75% (yearly) over a 2-year tenure, secured against company's current assets.
Board also constituted a Debenture Committee and approved shifting registered office within Andheri East, Mumbai.