Anupam Finserv Limited has successfully completed the allotment of 392 non-convertible debentures worth ₹3.92 crores on December 30, 2025, following its recently revised NCD program that included a greenshoe option. The Board of Directors approved the allotment by circulation, marking the execution of the first tranche under the company's ₹10 crore NCD issuance program.

NCD Allotment Details

The latest allotment represents the implementation of the company's revised debenture structure announced on December 26, 2025. The allotment specifics are outlined below:

Revised Program Structure

The company had earlier revised its Board meeting outcome from December 26, 2025, to include a greenshoe option for enhanced flexibility. The updated program structure provides significant expansion potential:

Debenture Features and Terms

The allotted instruments maintain the structured features established in the original program design:

Redemption Schedule

The debentures follow a structured redemption timeline with specific percentages allocated across different phases:

The allotment was formally communicated to BSE Limited under Regulation 30 of SEBI LODR Regulations, with Director Pravin Gala (DIN: 00786492) signing the disclosure. The successful completion of this allotment demonstrates the company's execution of its capital raising strategy through private placement of secured debentures.

Anupam Finserv Limited (ISIN: INE069B01023) has announced a series of significant corporate actions, seeking shareholder approval through a postal ballot. The company is proposing an Employee Stock Option Plan (ESOP) for 2025 and approval for material related party transactions, signaling potential strategic moves in its business operations and employee retention strategies.

Employee Stock Option Plan 2025

Anupam Finserv is seeking approval for the Anupam Finserv Employee Stock Option Plan 2025, which involves:

• Issuance of up to 2 crore equity shares under the ESOP
• A specific grant of 80 lakh options to Chief Business Officer Vishwajeet Katkar

This substantial ESOP allocation, representing approximately 10.54% of the current paid-up equity share capital, underscores the company's commitment to aligning employee interests with long-term corporate growth.

Related Party Transactions

The company is also seeking approval for material related party transactions worth up to Rs. 15 crores with Dream Road Technologies Private Limited. It's noteworthy that Anupam Finserv's director, Pravin Gala, has an interest in this entity, highlighting the need for shareholder scrutiny and approval to ensure transparency and compliance with regulatory requirements.

Financial Context

To provide context for these corporate actions, let's examine Anupam Finserv's recent financial position:

The company has shown significant growth in its total assets and shareholders' capital over the past year, which may provide context for the ambitious ESOP plan. The substantial increase in reserves and surplus also indicates improved profitability or capital infusion.

Implications and Outlook

The proposed ESOP plan, particularly the large grant to the Chief Business Officer, suggests that Anupam Finserv is focusing on retaining key talent and aligning management interests with company performance. This move could potentially drive long-term growth and shareholder value.

The related party transaction with Dream Road Technologies Private Limited warrants careful consideration by shareholders. While such transactions can be beneficial, they also require thorough scrutiny to ensure they are in the best interest of all stakeholders.

Shareholders will need to evaluate these proposals in the context of the company's recent financial performance and future growth prospects. The postal ballot provides an opportunity for shareholders to voice their opinions on these significant corporate actions.

As Anupam Finserv navigates these strategic decisions, stakeholders will be watching closely to see how these moves impact the company's future performance and market position in the financial services sector.