Transwarranty Finance approves NCD issuance up to ₹6.51 crore

Transwarranty Finance has approved the issuance of unlisted Non-Convertible Debentures (NCDs) on a private placement basis to raise up to ₹6.51 crore. The Board of Directors granted this approval at its meeting held on July 10, 2026. The debt instrument includes both secured and unsecured options, with coupon rates ranging from 11.25% to 12.00% per annum, aimed at meeting the company's financial requirements.

The issuance is structured into various categories to cater to different investor profiles. Secured NCDs are offered for tenures of 13 months, 3 years, and 5 years, while a special category of unsecured NCDs is available for a tenure of 367 days. The specific details of the issuance are outlined below:

Category	Tenure	Coupon Rate (% p.a.)	Minimum Subscription
Secured NCDs	13 months	11.75%	₹20 lakhs
Secured NCDs	3 Years	11.75%	₹50 lakhs
Secured NCDs	3 Years	11.25%	₹2 lakhs
Secured NCDs	5 Years	11.50%	₹2 lakhs
Unsecured NCDs (Special)	367 Days	12.00%	₹1 crore

The total issue size aggregates to ₹6,51,00,000. The secured debentures will be backed by a pari-passu charge on certain current assets of the company, whereas the unsecured NCDs carry no such security. Interest payments are scheduled either quarterly or monthly depending on the specific series chosen by the investor.

Regulatory Compliance

The intimation regarding the board meeting outcome was submitted to the National Stock Exchange of India Limited and BSE Limited under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Suhas Borgaonkar, the Company Secretary and Compliance Officer, confirmed the proceedings, which commenced at 2:30 pm and concluded at 3:15 pm on July 10, 2026.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-1.16%	+3.08%	-8.76%	-25.71%	-37.87%	+114.37%

Promoter Kumar Nair has pledged 1,40,33,381 equity shares in Transwarranty Finance Limited as of March 31, 2026. The shares were pledged to IDFC First Bank Ltd, with the encumbrance created on December 23, 2025. This disclosure impacts the promoter's holding structure within the non-banking financial company.

The confirmation was submitted to the National Stock Exchange of India Limited and BSE Limited on April 07, 2026. The filing was made under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The promoter confirmed that no other encumbrances were made during the financial year ended March 31, 2026, apart from those already disclosed.

Details of Encumbrance

The following table outlines the specific details of the shares encumbered by the promoter:

Promoters/group along with PAC	Promoter	Class of shares	No of shares	Encumbrance	Pledgee	Date of Encumbrance
Mr. Kumar Nair		Equity Share	1,40,33,381	Pledge	IDFC First Bank Ltd	23/12/2025

Promoter Group Details

The disclosure also identified the members of the Promoter and Promoter Group. The group includes Kumar Nair as the Promoter, while Leena Kumar Nair, Anitha Plakkot, Indiradevi K, and Jayachandran K are listed as members of the Promoter Group. The information was addressed to the Listing Departments of both exchanges and copied to the Audit Committee of the Board of Directors of Transwarranty Finance Limited.