Dishman Carbogen Amcis to issue INR 50 crore secured debentures

Dishman Carbogen Amcis Limited's board of directors, in a meeting on December 27, 2025, approved the issuance of senior, secured, rated, listed, transferable, taxable, redeemable non-convertible debentures (NCDs) worth up to INR 50 crore. These debentures, with a face value of INR 100,000 each, will be issued on a private placement basis to eligible investors. The target allotment date is January 7, 2026, with a maturity date of January 6, 2029.

The NCDs will offer a coupon rate of 10.00% per annum, subject to applicable tax deductions, with quarterly interest payments. The principal will be amortized quarterly over 12 equal tranches, aligning with a 36-month tenure. The issue is proposed to be listed on the Wholesale Debt Market Segment of BSE Limited.

Security for the NCDs will be established at 1.1x of the issue amount. This includes exclusive charges on specific immovable properties of the company in Ahmedabad, identified freehold non-agricultural land belonging to Dishman Infrastructure Limited (DIL), and a corporate guarantee from DIL. Additionally, a first pari passu charge with existing lenders will be created on specific movable and immovable fixed assets at the company's Naroda Plant - EOU unit. Exclusive charges on identified freehold land/plots belonging to promoter Arpit Vyas and a personal guarantee from him also contribute to the security cover.