21-Aug-2026      00:36

Laxmi India Finance plans to raise up to Rs 100 crore via debenture private placement

Laxmi India Finance Limited, formerly known as Laxmi India Finance Private Limited, will seek to raise up to Rs 100 crore through the issue of 50,000 rated, listed, unsubordinated, secured, transferable, redeemable, non-convertible debentures with a face value of Rs 10,000 each on a private placement basis, with an option to retain oversubscription of up to Rs 50 crore. The company’s Business Operation Committee will meet on August 25, 2026, to consider and approve the fundraising, and trading in the company's securities will be closed for designated persons and their immediate relatives from August 20, 2026, until 48 hours after the meeting’s conclusion.

News source: Capital Market - Live News