Anupam Rasayan India Ltd has approved the pledge of its entire stake in a wholly owned subsidiary and a partial stake in another associate to facilitate financing. The Board of Directors sanctioned these security documents on September 17, 2026, enabling debt issuance by its subsidiaries.

The primary transaction involves Mates Visa Consultancy Private Limited (MVCPL), a wholly owned subsidiary. MVCPL plans to issue up to ₹300 crore worth of senior secured unrated unlisted redeemable non-convertible debentures via private placement. Each debenture carries a face value of ₹1,00,000, with a maximum issuance of 30,000 units.

Security Structure

To secure these instruments, Anupam Rasayan will execute specific transaction documents:

• A deed of pledge creating a first-ranking charge over 100% of the equity shares of MVCPL held by the parent company.
• An unconditional corporate guarantee covering all amounts payable under the Mates Debenture Trust Deed.
• A call option agreement granting Purebliss Pharma Solutions Private Limited the right to purchase all securities of MVCPL held by Anupam Rasayan on a fully diluted basis.

Additionally, the board approved a separate pledge over the company’s 15% stake in Purebliss Pharma Solutions Private Limited. This move supports financing facilities being availed by Purebliss. The pledge creates a first-ranking exclusive charge over these equity shares.

Execution Status

The finalisation and execution of these documents remain pending. The company will issue further disclosures to stock exchanges upon signing, as required under Regulation 30 of the SEBI Listing Regulations and Annexure 18 of the SEBI circular dated January 30, 2026. The board meeting commenced at 6:37 pm and concluded at 7:01 pm.

Anupam Rasayan India Limited has scheduled a Board of Directors meeting for September 19, 2026, to consider raising capital. The company aims to raise up to ₹160 crore through the issuance of secured rated unlisted redeemable non-convertible debentures (NCDs) on a private placement basis.

The meeting will be held at the company’s registered office in Surat, Gujarat. This intimation was issued pursuant to Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Fundraising Details

The proposed fundraising is intended to strengthen the company’s capital structure. The board will deliberate on the terms and conditions of the issue during the scheduled meeting.

Regulatory Compliance

Anupam Rasayan filed the prior intimation with both the BSE Limited and the National Stock Exchange of India Limited on September 16, 2026. The disclosure confirms that the agenda includes the approval of the debt instrument issuance. No other material corporate actions were listed in the intimation.

The company secretary, Ashish Gupta, signed the disclosure, confirming compliance with listing regulations. The details are also available on the company’s official website.