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Board approved Rs5cr Series-A secured unlisted NCDs (5,000 x Rs10,000), 18-month tenure, 20% annual coupon paid monthly, 125% receivables cover with Catalyst as trustee. Appointed Jitendar Prasad, 24-year mortgage veteran, as CEO and KMP. Context: first drawdown under newly approved debt headroom.
Raama Finance Allots 1.02 Crore Shares On Warrant Conversion, Names Auditor
Raama Finance Allots 97 Lakh Shares And Rs 4.61 Crore NCDs
Raama Finance Board Approves ₹100 Crore NCD Private Placement