Kings Infra Ventures allots ₹92.2 lakh in secured NCDs via private placement

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Reviewed by
Riya DScanX News Team
Key Highlights
  • Kings Infra Ventures allotted 9,220 secured redeemable NCDs on September 18, 2026
  • The private placement aggregates to ₹92.2 lakh at a face value of ₹1,000 per unit
  • This marks the twenty-first tranche of unlisted secured NCDs issued by the company
  • The allotment was approved by the Debenture Committee and disclosed under SEBI Regulation 30
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Kings Infra Ventures allotted 9,220 secured redeemable non-convertible debentures (NCDs) on a private placement basis on September 18, 2026.

The issue, approved by the company’s Debenture Committee during its meeting on the same date, represents the twenty-first tranche of unlisted secured redeemable NCDs issued by the firm. The allotment was made pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Issue Details

The transaction involves unlisted securities with a face value of ₹1,000 each. The total aggregate value of the issuance stands at ₹92.2 lakh.

Metric Detail
Security Name Unlisted Secured Redeemable Non-Convertible Debentures
Mode of Issue Private Placement
Date of Allotment September 18, 2026
Number of Debentures 9,220
Face Value ₹1,000 per debenture
Aggregate Amount ₹92.2 lakh

The company’s Company Secretary and Compliance Officer, Nanditha T, confirmed the allotment in a disclosure filed with BSE Limited. The filing references Scrip Code 530215 for identification purposes.

Historical Stock Returns for Kings Infra Ventures

1 Day5 Days1 Month6 Months1 Year5 Years
-1.15%-13.04%-17.70%-34.06%-56.00%+110.07%

What is the interest rate and maturity period for this twenty-first tranche of NCDs, and how does it compare to previous issuances?

How does Kings Infra Ventures plan to utilize the ₹92.2 lakh raised from this private placement in its upcoming infrastructure projects?

Given the frequency of these small-ticket NCD issuances, what is the company's broader strategy for managing its debt-to-equity ratio and liquidity?

Kings Infra Ventures accepts CFO Lalbert Cherian resignation

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Reviewed by
Riya DScanX News Team
Key Highlights
  • Lalbert Cherian resigns as CFO effective October 15, 2026
  • Departure attributed to health issues with no other material reasons
  • Disclosure made under Regulation 30 of SEBI LODR Regulations
  • Cherian served in the role for over five years
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Kings Infra Ventures has accepted the resignation of Lalbert Cherian as Chief Financial Officer, effective October 15, 2026. The departure is attributed to health issues, with no other material reasons cited.

The company disclosed the change under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Cherian served in the role for over five years before stepping down.

Resignation Details

Cherian submitted his resignation letter on September 15, 2026. He will cease to hold the office at the close of business hours on Thursday, October 15, 2026, after serving the applicable notice period.

In his letter to the Board of Directors, Cherian stated that health-related reasons prevent him from continuing in his current role. He affirmed that there are no undisclosed material factors influencing his decision to leave.

Regulatory Compliance

The disclosure was made via Nanditha T, Company Secretary and Compliance Officer, on September 15, 2026. The filing includes Annexure A, detailing the cessation date and reason as required by SEBI Master Circular SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.

Historical Stock Returns for Kings Infra Ventures

1 Day5 Days1 Month6 Months1 Year5 Years
-1.15%-13.04%-17.70%-34.06%-56.00%+110.07%

Has Kings Infra Ventures identified an internal successor or initiated a search for a new CFO to ensure continuity in financial oversight?

How might the departure of a long-serving CFO impact investor confidence and the company's stock price in the short term?

Are there any pending regulatory filings or audit processes that could be delayed or affected by this leadership transition?

More News on Kings Infra Ventures

1 Year Returns:-56.00%