Capacite Infraprojects Builds Financial Strength with ₹750 Million NCD Issue

The board of Capacite Infraprojects Limited, in a board meeting convened today, has given its approval for the issuance of secured, unrated, redeemable Non-Convertible Debentures (NCDs) aggregating up to 750 million rupees (₹75 crore) in one or more tranches on private placement basis. The move is in line with the company's endeavor to mobilize funds for its operations. The decision comes after the board had previously made a move to explore different fund-raising possibilities, specifically in the form of debt instruments. The approval comes in line with Capacite Infraprojects' strategy to improve its financial position and finance ongoing projects in the infrastructure and construction business.

 

Source: NSE Archives, dated March 6, 2025