India Shelter Finance to consider debenture issuance

India Shelter Finance Corporation (BSE:INDIASHLTR) announced a forthcoming meeting of its Asset and Liability Committee scheduled for Tuesday, March 11, 2025. The primary agenda item is the consideration and potential approval of raising funds via the issuance of Secured, Redeemable, Non-Convertible Debentures (NCDs). The proposed debentures, denominated in Indian Rupees ("INR"), are intended to be issued on a private placement basis. The total issue size is targeted at INR 100,00,00,000, with a base issue of INR 50 Crores and an additional INR 50 Crores available under a Green Shoe Option. The company's notification was issued to the BSE and the National Stock Exchange of India, adhering to SEBI regulations.