💡 Company successfully raised ₹19.50 crore via NCDs to support lending operations and optimize cost of funds.
What Happened
Shalibhadra Finance Limited has successfully raised ₹19.50 crore through the issuance of Non-Convertible Debentures (NCDs). The NCDs carry a coupon rate of 12% per annum with a tenure of 24 months and include monthly interest payments. The company stated the proceeds will support lending operations and help optimize the overall cost of funds.
Key Details
- Company: Shalibhadra Finance Limited
- Event Type: Fundraise
- Filing Date: 15-Apr-2026 18:47:33
- NSE Filing: View Document
Why It Matters
This fundraise represents a strategic capital infusion for Shalibhadra Finance, an NBFC focused on rural and semi-urban segments. The ₹19.50 crore raised through NCDs will enhance the company's financial flexibility and support its lending operations. Management indicated this will help optimize the cost of funds and drive disciplined growth, which could strengthen the company's competitive position in its target markets of Gujarat, Maharashtra, and Madhya Pradesh.
Disclaimer: This is publicly available information sourced from NSE. Not investment advice.
Get signals like this instantly
Free Telegram alerts within 2 minutes of NSE filing
Join SuperStock Free