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Board approved private placement of 5,000 secured, unrated, unlisted NCDs aggregating Rs 50 Cr, 2-year tenure with 12% monthly interest, secured on current assets. Routine debt funding to support loan-book expansion; continues established private NCD funding pattern and sits alongside pending AGM borrowing proposals. Lifts leverage to fund growth; allotment within a month with bullet principal on maturity. Subscribers and use of proceeds not disclosed.
Supra Pacific To Consider Rs 50 Crore NCD Issuance September 17
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