Corporate News

08-Oct-2026, 06:05

Pakka Limited’s Fund Raising Committee approved the allotment of the third tranche of secured non-convertible debentures (“NCDs”) on a private placement basis, aggregating INR 50 Crores, as part of a total issue size of INR 540 Crores. The tranche comprises 3,000 junior debentures with a face value of INR 1,00,000 each, maturing on or before May 31, 2035, and 2,000 senior debentures with a face value of INR 1,00,000 each, maturing on or before June 30, 2033, with interest rates of 19.40% and 11.50% respectively. Neo Special Credit Opportunities Fund II is the sole allottee.