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Board approved private placement of unlisted NCDs up to 10 Cr: 500 secured NCDs of Rs 1L each and up to 50 unsecured NCDs of Rs 10L each. First actual debt issue in short captured history after earlier broad authorizations lapsed unused; routine NBFC funding with no equity dilution. Tenors range 367 days to 5 years at 11.25-15% coupons; secured tranche backed by pari-passu charge on current assets. Allottees, use of proceeds and allotment dates not disclosed.
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