Tag: non-convertible debentures
BANKING & FINANCE Manipal Health Enterprises Redeems ₹5,310 Cr NCDs Using IPO Proceeds

Manipal Health Enterprises Ltd (Manipal Hospitals) has fully redeemed non-convertible debentures (NCDs) with a nominal value of ₹5,310 crore issued by its wholly owned subsidiary, Manipal Hospitals Private Ltd. The redemption was undertaken using the relevant portion of the IPO proceeds, in accordance with the objects of the Initial Public Offering disclosed in the prospectus […]

CW Bureau · Sep 18, 2026
BANKING & FINANCE UGRO Capital Raises ₹380 Cr From Dutch Bank FMO Through NCD Issue

UGRO Capital Ltd, an MSME-focused DataTech lending platform, has raised ₹380 crore through the issuance of 38,000 senior, secured, rated, listed, redeemable and transferable non-convertible debentures (NCDs) to FMO, the Dutch entrepreneurial development bank. This is FMO’s third investment in UGRO Capital in less than three years. It follows NCD investments of ₹250 crore in […]

CW Bureau · Sep 16, 2026
BANKING & FINANCE Muthoot Microfin Raises ₹250 Cr Via NCDs To Support Expansion Plans

Muthoot Microfin Ltd has raised ₹250 crore through the allotment of listed, rated, secured and redeemable Non-Convertible Debentures (NCDs) on a private placement basis, as the microfinance lender looks to strengthen its funding profile and support its growth plans. The NCDs will be listed on BSE Ltd. As part of the issue, the company allotted […]

CW Bureau · Sep 15, 2026
STARTUP/TECHNOLOGY HCL Infosystems Business Will Contract As Losses Widen In FY26

HCL Infosystems has no ability to invest in new businesses or expand its existing operations, said Chairman Nikhil Sharma.     . The loss making company will continue to contract in the foreseeable future as it focuses on supporting legacy contracts and recovering long-overdue customer dues, he said in the latest annual report. Financial support from promoters […]

CW Bureau · Aug 25, 2026
BANKING & FINANCE CreditAccess Grameen Raises ₹425 Cr Through NCDs To Support Growth

CreditAccess Grameen Ltd, a rural-focused inclusive financing platform, has raised ₹425 crore through a private placement of non-convertible debentures (NCDs) to strengthen its funding base. The fund raise comprised ₹325 crore of privately placed NCDs arranged by Nuvama Fixed Income Advisory and ₹100 crore of NCDs placed bilaterally with Bajaj Finance Ltd. Strong investor response […]

CW Bureau · Jun 29, 2026
AUTO Uno Minda Plans ₹2,500-Cr Fund Raise, Fresh Investments In Arms

Uno Minda Ltd, a global technology leader in automotive components and systems manufacturing, has received board approval to raise up to ₹2,500 crore and increase investments in subsidiaries to support long-term growth and rising customer demand. The company said the proposed fund raising would be undertaken, as and when required, in one or more tranches […]

CW Bureau · May 17, 2026