FINKURVE · Finkurve Financial Services Limited · NSE · Filed 13 Jun · 1 min read

Finkurve Financial Services to Consider Raising Up to ₹100 Crore via Non-Convertible Debentures

The company's board will meet on June 15, 2026 to consider issuing NCDs aggregating up to ₹100 crore through private placement on the Electronic Bidding Platform.

What was filed

Finkurve Financial Services Limited informed the exchanges that its Board of Directors will meet on Monday, June 15, 2026, to consider and approve raising funds through the issuance of Non-Convertible Debentures (NCDs). The intimation was submitted under Regulations 29(1)(d) and 50(1)(d) of the SEBI (LODR) Regulations, 2015.

At this stage the filing is an advance notice of the board meeting, not an approved or completed issuance — the actual decision is to be taken at the meeting itself.

Structure of the proposed issue

Per the filing, the proposed debentures would each carry a face value of ₹10,000 and an issue price of ₹10,000, and would be offered through private placement via the Electronic Bidding Platform (EBP). The company described the fundraising as aggregating up to a stated ceiling, leaving the final size to be determined at the board meeting.

The filing does not disclose coupon, tenure, rating, or the intended use of proceeds.

Maximum fund-raising size: Up to ₹100 crore
Face value per NCD: INR 10,000
Issue price per NCD: INR 10,000

A debt fundraising of this scale, if approved, would add to the company's borrowings; for equity holders the relevant detail is that the instrument is non-convertible, so no immediate dilution arises from the proposed issue. The terms and final size remain subject to the board's decision on June 15, 2026.