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BCL Enterprises has approved the private placement of ₹200 crore secured, unlisted, non-convertible debentures with a 13% IRR, 5-year tenure, and bullet repayment at maturity. The issue is secured via hypothecation and complies with all regulatory norms.
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BCL Enterprises Limited has announced the approval of a significant fundraising move by issuing secured, unlisted, non-convertible debentures (NCDs) aggregating ₹200 crore through private placement. The board meeting, held on December 11, 2025, finalized the issuance terms, which include a competitive 13% IRR compounded monthly, with a bullet repayment structure at the end of a 5-year tenure. This initiative aligns with the company’s growth strategy and regulatory compliance requirements.
Notable Updates
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The NCDs are secured through hypothecation of company assets in favor of the debenture trustee, providing additional safety for investors.
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The issue is private and will not be listed on any stock exchange, with a face value of ₹1 lakh per NCD.
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Interest will be paid as a lump sum at maturity, with a penalty of 2% over and above the IRR for any delayed payments.
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The issuance will occur in one or more tranches, as per the Companies Act, 2013, and other relevant regulations.
Major Takeaways
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Attractive IRR of 13% p.a., compounded monthly, for a 5-year investment.
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Security offered via hypothecation, enhancing investor confidence.
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Bullet payment of both interest and principal at the end of the tenor.
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No special rights or privileges attached to the NCDs.
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Regulatory compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Important Points
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The issue is not listed, and the NCDs are unrated.
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Default penalty is 2% over the IRR for delayed payments.
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The redemption will be made at the end of the tenure, out of profits.
Source: NSE, BCL Enterprises Limited Official Announcements
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