onmobile global has allotted Non-Convertible Debentures (NCDs) aggregating ₹65 crore through a private placement to raise capital. The Board of Directors approved the allotment on July 06, 2026, via a resolution passed by circulation. The issuance consists of two tranches: Series A debentures worth ₹40 crore and a second set of debentures worth ₹25 crore. Both tranches are secured, redeemable, unrated, and unlisted, maturing on July 05, 2029.

Series A Debentures

The company allotted 800 Series A debentures, each with a nominal value of ₹5,00,000, aggregating to ₹40 crore. These debentures offer a 1% upfront interest payment on the investment amount prior to allotment. The subsequent coupon rate is 13.60% per annum, payable monthly on the outstanding investment amount calculated on a 365-day year basis.

The security for Series A includes a first ranking pari passu charge on the company's current and future assets, including fixed assets, intellectual property, inventory, and cash flows. The charge covers 1.5 times the outstanding amounts. In the event of a financial default, the company will pay default charges of 2% per month on the outstanding due amounts plus applicable taxes.

Additional Tranche Details

The second tranche comprises 2500 debentures, each with a nominal value of ₹1,00,000, aggregating to ₹25 crore. This tranche offers an upfront interest payment of 1.25% of the tranche drawdown amount. Additionally, a periodic coupon of ₹34,00,000 is payable at the end of the 12th, 24th, and 36th months from the allotment date. A running coupon of 13.88% is payable monthly on the opening debt balance.

Security for this tranche includes a second-ranking floating charge on the company's assets and a first-ranking pledge over 100% of the shares of OnMobile Singapore PTE. LTD held by the issuer. It also features a first-ranking charge over the receivables and collection accounts of the Singapore subsidiary. Default charges for this tranche are set at 2% per annum, compounded daily, on all outstanding amounts.

Key Financial Details

The following table summarizes the key details of the NCD issuance:

OnMobile Global Limited will hold its 26th Annual General Meeting (AGM) on Tuesday, August 11, 2026, at 4.00 p.m. IST via video conferencing. The meeting will be conducted in compliance with circulars issued by the Ministry of Corporate Affairs and the Securities and Exchange Board of India. The Notice of the AGM and the Annual Report for the financial year 2025-26 will be sent only by electronic mode to shareholders whose email addresses are registered with the company or depositories.

Shareholders whose email addresses are not registered will receive a letter providing the web-link and the exact path on the company's website to access the Annual Report and AGM Notice. The documents will also be available on the company's website and stock exchange websites.

Remote e-voting and participation

Shareholders will have the opportunity to cast their votes remotely through the e-voting system on the businesses mentioned in the Notice of the AGM. Login credentials for e-voting will be provided to shareholders via email. The detailed procedure for remote e-voting and e-voting during the meeting will be included in the AGM Notice.

Registering or updating email addresses

Shareholders wishing to register or update their email addresses or bank account mandates must follow specific procedures based on their holding type. The processes for dematerialized and physical holdings are outlined below.