Arihant to issue ₹100 crore unlisted NCDs via private placement
Arihant Foundations & Housing Limited's board of directors approved the issuance of unlisted, secured, unrated, redeemable, fully paid-up Non-Convertible Debentures (NCDs) on a private placement basis. The total issuance aggregates to ₹100,00,00,000. This decision was made during a board meeting held on September 16, 2025.
The issuance will consist of 1,000 NCDs, each with an issue price of ₹10,00,000, and will not be listed on any stock exchange. The date of allotment for these debentures is September 16, 2025, with a maturity/redemption date of February 29, 2028. Redemption will occur at par, potentially in one or more tranches as per the terms of issue.
This move aligns with Regulation 30, read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2018. Further details regarding coupon/interest offered, tenure, and security will be as set out under the relevant PAS-4 document.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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