Finkurve Financial Services Limited has scheduled a meeting of its Board of Directors for Wednesday, May 20, 2026. The meeting will be held to consider and approve the audited financial results of the company for the quarter and financial year ended March 31, 2026. The intimation was filed pursuant to Regulation 29 and Regulation 50 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Board Meeting Details

The board will meet to discuss the following matters:

Trading Window Closure

Pursuant to the provisions of SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company’s Code of Conduct for Prevention of Insider Trading, the trading window for dealing in the securities of the company remains closed. The closure period was previously intimated to the stock exchanges via a letter dated March 17, 2026.

Compliance Information

The intimation was signed by Kajal Parmar, Company Secretary & Compliance Officer (Membership No. A65484), on May 15, 2026. Finkurve Financial Services Limited is listed on BSE with scrip code 508954 and on NSE under the symbol FINKURVE.

Finkurve Financial Services has announced that its board of directors approved raising up to Rs 75 crores through the issuance of Non-Convertible Debentures (NCDs) on a private placement basis. The approval was granted at the board meeting held on May 13, 2026, convened pursuant to Regulations 29(1)(d), 50(1)(d), and 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The meeting commenced at 11:30 a.m. and concluded at 11:55 a.m.

Board Approves NCD Issuance

The approved NCDs are structured as Rated, Listed, Senior, Secured, Redeemable, and Transferable Non-Convertible Debentures, with both a face value and issue price of Rs 10,000 per debenture. The issuance is to be conducted through private placement via the Electronic Bidding Platform (EBP) under the SEBI (Issue and Listing of Non-Convertible Securities) Regulations, 2021. The board also approved the Draft Letter of Offer for the issuance. The key details of the approved NCD issuance are outlined below:

Issue Structure and Size

The total issue size of Rs 75 crores is structured with a base issue and a green shoe option, providing flexibility in the fundraising process. The breakdown of the issue size is as follows:

Coupon Rate, Tenure, and Repayment Terms

The NCDs carry a coupon rate of 11.33% per annum, with interest payable on a quarterly basis. The schedule of interest payments is set to commence from August 14, 2026, and will continue quarterly thereafter. The key tenure and repayment details are as follows:

Security and Charge Details

The debentures are secured by a first ranking, exclusive, and continuous charge on identified receivables by way of hypothecation in favour of the Debenture Trustee for the benefit of the Debenture Holders over the Hypothecated Assets. The terms and conditions governing security creation are stipulated under the 'Security Creation' section of the term sheet. In the event of a delay in payment of interest or principal for a period of more than three months from the due date, a penalty of 2% per annum over and above the coupon rate shall be applicable.

Regulatory Filing Details

The initial intimation of the board meeting was dated May 08, 2026, and was addressed to the Listing Department of BSE Limited and the Compliance Department of the National Stock Exchange of India Limited. The filing was signed and submitted by Kajal Parmar, Company Secretary and Compliance Officer of Finkurve Financial Services, holding Membership No. ACS65484.

Source: None/Company/INE734I01027/522189f7c94b409f.pdf