Real Touch Finance Limited has announced the successful allotment of non-convertible debentures worth ₹2.56 crores through private placement. The company's Board of Directors approved this fundraising initiative through a resolution passed by circulation on March 28, 2026.

Debenture Issue Details

The allotment comprises 256 secured, unlisted, unrated, redeemable, fully paid non-convertible debentures issued on a private placement basis. The debentures carry specific characteristics that make them attractive for private investors seeking fixed-income securities.

Regulatory Compliance

The allotment follows the company's earlier intimation letter dated March 20, 2026, which outlined its plans to raise funds through the issuance of non-convertible debentures. This announcement complies with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with Part A of Schedule III.

Corporate Information

Real Touch Finance Limited operates from its registered office located at Arihant Enclave, Ground Floor, 493B/57A, G.T. Road (South), Sibpur, Howrah, West Bengal. The company secretary Varsha Gupta signed the regulatory filing, ensuring proper compliance with disclosure requirements for listed entities.

The debentures are characterized as unlisted and unrated securities, indicating they will not be traded on stock exchanges and have not received credit ratings from recognized rating agencies. This structure is typical for private placement issues targeting specific investor categories.

Real Touch Finance Limited's Board of Directors concluded its meeting on March 20, 2026, approving two major financial decisions that will impact the company's capital structure and asset portfolio. The board session, which commenced at 12:30 PM and concluded at 2:15 PM, addressed critical matters related to fundraising and asset management as communicated to BSE Limited.

Non-Convertible Debenture Issuance Approval

The board approved the proposal for issuing unlisted, secured, 9.50% redeemable non-convertible debentures (NCDs) worth ₹2.56 crore on a private placement basis. The debentures will be issued in one or more tranches, providing the company flexibility in its fundraising approach.

The NCDs will be secured by way of hypothecation of book debts, maintaining a security cover of at least 110%. The principal amount will be repaid on the redemption date, while interest payments will be made annually. The issuance follows SEBI's Master Circular guidelines and applicable listing regulations.

Receivable Write-off Decision

The board simultaneously approved the write-off of outstanding receivables amounting to ₹3.48 crore, classified as irrecoverable after thorough assessment by management and recommendations from the Audit Committee. These receivables were long-standing non-performing assets that had been classified as such in earlier periods.

Financial Impact and Management Assessment

The company's management indicated that this write-off represents a one-time adjustment with contained impact on overall profitability and net worth. The organization maintains adequate provisioning buffers and a comfortable capital position to absorb such losses without material adverse impact on capital adequacy or ongoing operations.

The write-off amount represents approximately 12.05% of the company's total turnover of ₹28.89 crore based on last audited financials, qualifying it as a material event under the company's Materiality Policy and SEBI regulations. Despite the write-off, the company will continue pursuing recovery efforts through legal and other appropriate channels where feasible.

Corporate Communication and Compliance

The decisions were communicated to BSE Limited through official correspondence signed by Company Secretary Varsha Gupta, maintaining transparency with stakeholders. Both decisions were made in compliance with applicable regulations, with comprehensive documentation including detailed annexures outlining the terms and conditions of the NCD issuance and the rationale behind the receivable write-off decision under Regulation 30 of SEBI (LODR) Regulations, 2015.