Board meeting on 13 October 2026 to consider issuance of non-convertible debentures
Shalibhadra Finance Ltd has informed the exchanges that a Board meeting is scheduled for Tuesday, 13 October 2026 at 3:30 P.M.
- Board Meeting Date
- Tuesday, 13 October 2026 at 3:30 P.M.
- Agenda Item
- consider and approve the issuance of non-convertible debentures on a private placement basis
- Update Type
- prior intimation of the agenda, not the approval itself
What the company informed the exchanges
Shalibhadra Finance Ltd has informed BSE and NSE that a meeting of its Board of Directors is scheduled to be held on Tuesday, 13 October 2026 at 3:30 P.M.
The item on the agenda
- The meeting is to consider and approve the issuance of non-convertible debentures by the company.
- The issuance is proposed on a private placement basis.
What a non-convertible debenture is, in simple terms
A non-convertible debenture is a debt instrument. When a company issues debentures, it borrows money from the investors who subscribe to them. The company pays interest on that borrowing and repays the principal at the end of the agreed period. "Non-convertible" means these debentures cannot be converted into shares of the company.
What a private placement basis means
A private placement means the debentures are offered to a select set of investors rather than being offered to the general public through a public issue.
What this update is
This is a prior intimation — it tells the exchanges in advance that this item is placed before the Board. The Board takes its decision on the issuance at the meeting scheduled for 13 October 2026.
Points a reader may find useful
- The update identifies the meeting date and time and describes the agenda item.
- It carries the company's scrip code 511754 on BSE and scrip name SAHLIBHFI on NSE.
- The letter is signed by Vatsal Doshi, Managing Director.
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.