Transwarranty Finance Greenlights ₹129.9 Million NCD Issue to Power Growth Plans

Transwarranty Finance Ltd has approved the issuance of Non-Convertible Debentures (NCDs) worth up to ₹129.9 million, marking a strategic move to bolster its funding base and support business expansion. The decision was cleared by the company’s board as part of its ongoing efforts to diversify funding sources and optimize capital structure.

 

The NCDs will be issued on a private placement basis, targeting institutional and high-net-worth investors. While the detailed terms—including tenure, coupon rate, and security structure—are yet to be disclosed, the issuance is expected to be rolled out in tranches over the coming quarters. The funds raised will likely be deployed toward working capital needs, lending operations, and strengthening the company’s financial services portfolio.

 

Transwarranty Finance, a Mumbai-headquartered NBFC, has been steadily expanding its footprint in investment banking, SME finance, and structured lending. The company serves over 1,000 corporate clients and thousands of retail investors across India. This NCD issuance aligns with its broader strategy to scale operations while maintaining a conservative risk profile.

 

The move comes at a time when NBFCs are increasingly tapping debt markets to meet credit demand amid a recovering economy. Analysts view the approval as a positive signal of Transwarranty’s intent to grow responsibly while maintaining liquidity buffers.
 

With this capital infusion, Transwarranty is poised to sharpen its competitive edge in India’s dynamic financial services landscape.

 

Sources: Transwarranty Finance Ltd, BSE India, MoneyWorks4Me