Finkurve Financial Services has approved raising up to ₹100 crore through the issuance of secured, redeemable Non-Convertible Debentures (NCDs) on a private placement basis. The Board of Directors granted approval at its meeting held on June 15, 2026, finalizing the instrument's structure, including a coupon rate of 11.33% and a maturity period of 24 months. The funds will be raised via the Electronic Bidding Platform (EBP) under the Securities and Exchange Board of India (Issue and Listing of Non-Convertible Securities) Regulations, 2021.

Instrument Details

The debentures will have a face value and issue price of ₹10,000 each. The total issue size comprises a base issue of ₹50 crore and a green shoe option of ₹50 crore. The securities are rated, listed, senior, and secured, backed by a first-ranking charge on identified receivables. The issue is proposed to be listed on BSE Limited.

Key Dates and Payments

Interest will be paid quarterly, commencing from September 16, 2026. The final interest installment along with the principal repayment is scheduled for June 16, 2028, which also serves as the maturity date. The deemed date of allotment is June 16, 2026. In the event of a delay in payment of interest or principal beyond three months, the company will pay an additional 2% per annum over the coupon rate.

The meeting was conducted pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Kajal Parmar, Company Secretary & Compliance Officer, signed the regulatory filing on June 15, 2026.

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE734I01027/fa2acd3b29384df3.pdf

Finkurve Financial Services has paid interest amounting to ₹52,27,702.04 on a Non-Convertible Debenture (NCD) tranche ahead of the scheduled due date of June 12, 2026. The payment, certified under Regulation 57 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, was processed on June 11, 2026, ensuring timely disbursement to all holders.

The company settled the interest for ISIN INE734I07073, which carries an issue size of ₹60 crore. This tranche requires a monthly interest payment, and the transaction adhered to the record date of May 28, 2026. The intimation confirmed that the amount paid was the net figure after the deduction of Tax Deducted at Source (TDS).

Interest Payment Details

The following table outlines the specific payment details for the NCD tranche:

The filing, signed by Kajal Parmar, Company Secretary & Compliance Officer, confirmed that there were no delays or reasons for non-payment. The company certified that the payment was made in accordance with the terms specified in the respective term sheet.