Strong Yields, Stronger Security: Capital India Pitches ₹50 Cr NCD Plan

Borrowing Method: The company will raise funds by issuing secured NCDs in one or more tranches.
Total Size: Up to ₹50,00,00,000 (Fifty Crores Indian Rupees).
Listing: These NCDs are slated to be listed on BSE Limited, ensuring tradability.
Coupon Rate: Fixed at 9.55% per annum, with payment scheduled yearly and upon redemption.
Principal Repayment: Entire principal amount payable on the redemption date.
Tenure: The exact maturity period to be decided by the Board or its authorized Committee.
Security Coverage: To maintain a security cover ratio of 110% against the principal outstanding, supported by secured loans&#39; principal of receivables.

Unknown Apr 02, 2026 750 Views

In a strategic move to boost its financial flexibility, Capital India Finance Ltd announced in its board meeting held on July 16, 2025, the approval to raise funds up to INR 50 crores through issuance of Non-Convertible Debentures (NCDs) via private placement. Key highlights...