SFShalibhadra Finance511754NCD issuance

Board approves issue of non-convertible debentures up to Rs. 24 crore on private placement basis

Board meeting outcome.

By ScoutQuest · Tue 13 Oct 2026, 7:09 PM IST · 2 min read

Aggregate nominal value

up to Rs. 24 crore (Rupees Twenty Four Crores only)

Issue route

private placement basis

Proposed listing

BSE Limited

What the board approved

• At its meeting held on 13th October 2026, the Board of Directors approved the issuance of senior, secured, rated, listed, redeemable, transferable, non-convertible debentures.
• The aggregate nominal value is up to Rs. 24 crore (Rupees Twenty Four Crores only).
• The issue is on a private placement basis, that is, placed with select investors rather than offered to the public.
• The debentures are proposed to be listed on BSE Limited.

Terms set out so far

• Type of instrument: senior, secured, rated, listed, redeemable, transferable, non-convertible debentures.
• Special rights, interests or privileges attached to the instrument: None. The rights and privileges of the debenture holders will be set out in the debenture trust deed to be entered into between the company and the debenture trustee.
• Date of allotment and date of maturity: to be set out in the relevant transaction documents.
• Coupon or interest offered, and the schedule of payment of interest and principal: to be set out in the relevant transaction documents.
• Charge or security created over the assets: to be set out in the relevant transaction documents.
• Delay in payment of interest or principal for more than three months from the due date, or default in payment: to be set out in the relevant transaction documents.

What this means in simple terms

• A debenture is a debt instrument. The company borrows money from investors and, in return, pays interest and repays the principal as per the terms.
• Non-convertible means these debentures do not convert into equity shares. So this route does not by itself add to the number of shares.
• Because the debentures are described as secured, they are backed by a charge on assets, the details of which are to be set out in the transaction documents.
• Because the issue is on a private placement basis, the debentures are not being offered to the general public for subscription.

The numbers to note

• Rs. 24 crore: the aggregate nominal value of the debentures approved, and also the stated size of the issue, i.e. up to Rupees Twenty Four Crores.

Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.

About ScoutQuest · Logos provided by Logo.dev