Big Capital Play! Supra Pacific Eyes NCD Issuance for Expansion

Image Source: Equity Bulls

Supra Pacific Financial Services Ltd. is set to evaluate the issuance of NonConvertible Debentures (NCDs) in its upcoming board meeting, signaling a strategic move to bolster its financial position. The company aims to raise fresh capital through secured, unrated, unlisted NCDs, reinforcing its growth trajectory in the financial services sector.

Key Highlights:

Board Meeting Agenda: The board will deliberate on the issuance of NCDs, with a proposed amount of ₹10 crore, structured as secured debt instruments.
Capital Expansion Strategy: The funds raised will be utilized for business expansion, including loan portfolio growth and operational enhancements.
Private Placement Route: The NCDs will be issued on a private placement basis, ensuring targeted investor participation and efficient capital allocation.
Strengthening Liquidity: The move aligns with Supra Pacific’s longterm financial strategy, enhancing its liquidity position and funding capabilities.
Market Positioning: As a nonbanking financial company (NBFC), Supra Pacific continues to expand its footprint in microfinance and lending services, leveraging structured debt instruments for sustainable growth.

With this strategic capital infusion, Supra Pacific Financial Services is poised to strengthen its financial foundation, ensuring robust business expansion and investor confidence.

Sources: Screener, BSE India