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EV loan provider company allots non-convertible debentures
short by Vardan P / on Monday, 6 May, 2024
The company has issued and allotted 2,484 non-convertible debentures with a face value of Rs 1,00,000 each, raising a total of ₹24,84,00,000 through a private placement. These rated, secured, senior, taxable, and transferable debentures will mature on May 15, 2027, with an initial redemption payment on May 15, 2025. The company provides financial solutions to underserved communities in India.
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