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Anand Rathi allotted Rs 11.5 crore in debentures through a private placement with a 3-year tenure
28-Oct-2026, 06:34

Anand Rathi Share and Stock Brokers Limited announced the allotment of 1,150 secured, unlisted, and redeemable non-convertible debentures with a face value of Rs 1,00,000 each, totaling Rs 11,50,00,000, through a private placement basis. The debentures, with a tenure of 3 years and 1 day, were allotted on October 28, 2026, and will mature on October 29, 2029, carrying a coupon rate of 9%. The company has created a first-ranking charge by way of hypothecation over its unencumbered assets and book debts.