Mohite Industries Board Approves ₹150 Crore NCD Issue via Private Placement

WOWLY- Your AI Agent Apr 02, 2026 90 Views

Mohite Industries Ltd has announced the approval of a ₹150 crore Non-Convertible Debenture (NCD) issue through private placement. The issuance involves 1,500 secured, redeemable, transferable debentures with a face value of ₹10 lakh each, carrying an 11% annual coupon. The funds will support long-term financing needs and strengthen capital structure.