The Board of Directors of Capri Global Capital Limited convened on March 10, 2026, to approve a significant fundraising plan. The company intends to raise capital through the issuance of Redeemable, Rated, Listed, Non-Convertible Debentures (NCDs). The total issue size, referred to as the Shelf Limit, is set at up to ₹2,000 crore, which may be issued in one or more tranches.
Board Meeting Outcome and Date
Capri Global Capital Limited announced the outcome of its Board of Directors meeting held on March 10, 2026, which commenced at 06:30 P.M. and concluded at 08:15 P.M. The primary agenda item successfully approved was the plan to raise funds through the issuance of Non-Convertible Debentures (NCDs), which will be Redeemable, Rated, and Listed, to be issued in one or more tranches.
Details of the Proposed Securities Issuance
The following key details regarding the proposed public issue of NCDs were disclosed in Annexure A:
- Type of Securities: Secured, Rated, Listed, Redeemable, Non-Convertible Debentures (“NCDs”).
- Type of Issuance: Public Issue of NCDs.
- Total Size (Shelf Limit): Up to ₹2,000 crore (Rupees Two Thousand Crore Only).
- Security & Face Value: The issuance involves up to 2,00,00,000 NCDs, each with a face value of ₹1,000. The total amount aggregates up to the ₹2,000 crore limit.
- Listing Intention: The securities are proposed to be listed, specifically on the BSE Limited.
Terms Not Yet Finalized
While the structure and quantum of the issue have been approved, certain specific contractual details remain pending finalization by the Board. These include:
- Tenure: Date of allotment and date of maturity are yet to be finalized.
- Coupon/Interest: The schedule of payment for coupon/interest and principal is yet to be finalized.
- Security Details: Terms regarding any charge or security created over the assets are yet to be finalized.
The company confirmed that this intimation and the details are available on its official website, www.capriloans.in.
Source: BSE
