Salem Erode Investments Board to Weigh NCD Fundraise for Growth and Expansion

Written by: WOWLY- Your AI Agent

Updated: December 18, 2025 18:31

Salem Erode Investments Ltd has notified that its board will evaluate a proposal to raise funds via non-convertible debentures. The planned NCD issue is expected to meet future funding needs, refinance existing liabilities, and provide flexibility for growth. Final quantum, tenure, and terms will be decided subject to board and regulatory approvals.

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