Arihant Foundations & Housing To Consider Issuance Of Non-Convertible Debentures

Real estate developer Arihant Foundations & Housing Limited is exploring fresh fundraising options to strengthen its financial position and support ongoing projects. In a regulatory filing with the Bombay Stock Exchange (BSE), the company confirmed that its board will convene to discuss and potentially approve the issuance of non-convertible debentures (NCDs).  

The NCDs are expected to be unlisted, unsecured, and redeemable, with the issuance planned via private placement. This move aligns with the company’s strategy to diversify funding sources while maintaining flexibility in repayment structures. Officials noted that the proposal remains subject to statutory clearances and shareholder approval.  

Industry analysts suggest that the issuance could provide Arihant with long-term capital to fuel expansion in Chennai’s real estate market, where the company has been actively acquiring land parcels and developing housing projects. The decision reflects a broader trend of real estate firms turning to debt instruments to manage liquidity and growth.  

Key Highlights  

• Board meeting scheduled for February 19, 2026  
• Proposal to issue unlisted, unsecured, redeemable NCDs  
• Issuance planned via private placement  
• Subject to regulatory and shareholder approvals  
• Funds expected to support real estate expansion projects  

Sources: BSE Filing, FilingReader AI, MarketScreener