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Kuantum Papers secures INR 100 crore in debentures from an identified investor
03-Sep-2026, 05:46

Kuantum Papers Limited announced that its Finance Committee approved the allotment of 10,000 unlisted, unrated, senior, secured, redeemable, non-convertible debentures with a face value of INR 100,000 each, totaling INR 100 crore, on a private placement basis to an identified investor. The debentures, maturing on June 2, 2030, carry a coupon rate of 12.70% per annum, comprised of a 9.70% annual coupon and a 3.00% redemption premium, and are secured by charges over the company's assets and guarantees from Mr. Jagesh Kumar Khaitan, Mr. Pavan Khaitan, and Kapedo me Enterprises Limited.