Pakka Limited corrects investor call recording link

1 min read     Updated on 05 Jun 2026, 04:30 AM
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Jubin VScanX News Team
AI Summary

Pakka Limited issued a corrigendum on June 4, 2026, to correct the recording link for its investor conference call held on June 2, 2026. The company stated the error was clerical and does not impact the meeting's proceedings. The correct link has been updated on its website.

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Pakka Limited issued a corrigendum on June 4, 2026, to rectify an inadvertent clerical error in the disclosure regarding the audio/video recording of its investor conference call held on June 2, 2026. The company confirmed that while an incorrect link was previously provided, the error does not affect the proceedings, outcome, or information disclosed during the meeting.

The original disclosure was submitted under Regulation 30 read with Schedule III, Part A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Investor Video Conference Call was conducted to review the financial performance for the third quarter and nine months ended December 31, 2025.

Corrected Details

Detail Information
Event Investor Video Conference Call (Group Call)
Date June 2, 2026
Correct Recording Link https://youtu.be/xl06PwlRR4E?si=IHwDMrktBWforhUZ
Regulation SEBI (LODR) Regulations, 2015, Regulation 30

All other details contained in the original disclosure remain unchanged. The corrected link has been updated on the company's official website, https://www.pakka.com , in compliance with applicable regulatory requirements. The corrigendum was signed by Sachin Kumar Srivastava, Company Secretary & Legal Head, and submitted to the National Stock Exchange of India Limited and BSE Limited.

Historical Stock Returns for Pakka

1 Day5 Days1 Month6 Months1 Year5 Years
-2.39%-10.85%-14.26%-27.40%-51.79%-35.00%

What key financial highlights or guidance were shared during the Q3 conference call that could influence investor sentiment?

How does Pakka Limited plan to address potential operational challenges in the remaining quarter of FY 2025-26?

What are the expected market reactions to the corrected disclosure, and could it impact the company's stock performance?

Pakka Limited allots Tranche 1 NCDs worth INR 375 crores

1 min read     Updated on 03 Jun 2026, 04:18 AM
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AI Summary

Pakka Limited has allotted the first tranche of secured, redeemable, non-convertible debentures (NCDs) aggregating INR 375 crores on a private placement basis, approved by the Fundraising Committee on 2nd June 2026. The issuance, part of a total issue size of INR 540 crores approved by the Board on 26th May 2026, is divided into a Junior Series of INR 225 crores and a Senior Series of INR 150 crores, with coupon rates of 19.40% and 11.40% respectively. The NCDs are secured by a comprehensive security package and were allotted to SEBI-registered Category II Alternative Investment Funds.

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Pakka Limited has allotted the first tranche of secured, redeemable, non-convertible debentures (NCDs) aggregating INR 375 crores on a private placement basis. This allotment, approved by the Fundraising Committee on 2nd June 2026, is part of a broader refinancing strategy to restructure existing term loan facilities. The total issue size approved by the Board on 26th May 2026 was INR 540 crores.

Tranche 1 Allotment Details

The Tranche 1 issuance is divided into a Junior Series and a Senior Series, both unlisted and unrated. The instruments were allotted to SEBI-registered Category II Alternative Investment Funds. The table below summarises the key parameters of the allotment:

Parameter Junior Series Senior Series
Number of NCDs Allotted 22,500 15,000
Face Value per NCD INR 1,00,000 INR 1,00,000
Aggregate Amount Allotted INR 225 crores INR 150 crores
Coupon Rate 19.40% per annum 11.40% per annum
Maturity Date Up to 31.05.2035 Up to 30.09.2033
Listing Status Unlisted Unlisted

Security and Allottees

The NCDs are secured by a comprehensive security package in favour of a Security Trustee. This includes an equitable mortgage of immovable properties and a hypothecation over movable fixed and non-current assets related to the New Project and the Project. Additionally, a charge is placed over all current assets, including receivables and investments, as well as insurance contracts and proceeds. The security framework also encompasses a pledge over Pledged Securities of the Issuer and Pledged Securities of Yash Agro Products Limited.

The allottees include Neo Special Credit Opportunities Fund, Neo Special Credit Opportunities Fund II, Neo Credit Opportunities Fund I, Neo Special Credit Opportunities Fund IIA, and Neo Prime Fund. Allotment for each tranche was made within 3 days of receipt of funds.

Historical Stock Returns for Pakka

1 Day5 Days1 Month6 Months1 Year5 Years
-2.39%-10.85%-14.26%-27.40%-51.79%-35.00%

What is the timeline and strategy for raising the remaining INR 165 crores of the total approved INR 540 crore issue?

How will the high coupon rates of 19.40% and 11.40% impact Pakka Limited's interest coverage ratios and overall profitability?

Will the company pursue a credit rating for future tranches to potentially lower borrowing costs?

More News on Pakka

1 Year Returns:-51.79%