Finkurve Financial Services Completes NCD Interest Payment Worth ₹51.28 Lakh

1 min read     Updated on 23 Dec 2025, 02:45 PM
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Reviewed by
Naman SScanX News Team
Overview

Finkurve Financial Services has successfully completed interest payments totaling ₹51.28 lakh on its Non-Convertible Debentures ahead of schedule, demonstrating strong debt servicing capabilities. The payments covered two NCD series with a combined value of ₹50 crores, with the company maintaining its monthly payment frequency and full regulatory compliance.

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Finkurve Financial Services Limited has successfully completed interest payments totaling ₹51.28 lakh on its Non-Convertible Debentures (NCDs) ahead of the scheduled due date. The company made the payment on December 29, 2025, three days before the January 1, 2026 due date, demonstrating its commitment to timely debt servicing.

Interest Payment Details

The company has made monthly interest payments on two separate NCD series with a combined issue size of ₹50 crores. The payment details are as follows:

Parameter NCD Series 1 (INE734I07040) NCD Series 2 (INE734I07057)
Issue Size ₹20.00 crores ₹30.00 crores
Interest Amount Paid ₹20.49 lakh ₹30.79 lakh
Payment Frequency Monthly Monthly
Record Date December 17, 2025 December 17, 2025
Due Date January 1, 2026 January 1, 2026
Actual Payment Date December 29, 2025 December 29, 2025

Regulatory Compliance

The interest payment intimation was filed under Regulation 57 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has certified that all interest payments have been duly made to concerned NCD holders before the due date as per the terms mentioned in the Term Sheet.

Payment Structure

Both NCD series follow a monthly interest payment frequency with no changes in the payment structure. The amounts paid represent net figures after deduction of Tax Deducted at Source (TDS). Company Secretary and Compliance Officer Kajal Parmar signed the regulatory filing confirming the completion of payments.

Upcoming Board Meeting

Separately, the company's Board of Directors is scheduled to meet on December 30, 2025, to consider additional fund raising through NCDs via private placement on Electronic Bidding Platform, with proposed face value and issue price of ₹10,000 per NCD.

Historical Stock Returns for Finkurve Financial Services

1 Day5 Days1 Month6 Months1 Year5 Years
+0.74%-5.80%-10.75%-18.59%-18.59%-18.59%
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Finkurve Financial Services CEO Amit Shroff to Step Down by October 31, 2025

1 min read     Updated on 13 Oct 2025, 12:18 PM
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Reviewed by
Shriram SScanX News Team
Overview

Amit Shroff, CEO of Finkurve Financial Services Limited, has resigned citing personal reasons. The resignation will be effective from October 31, 2025, at the close of business hours. The company disclosed this information in a regulatory filing to the BSE and NSE on October 13, 2025, complying with SEBI regulations. No successor has been announced yet.

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Finkurve Financial Services Limited has announced a significant change in its top leadership. Amit Shroff, the company's Chief Executive Officer, has submitted his resignation, citing personal reasons. The company disclosed this information in a regulatory filing to the Bombay Stock Exchange (BSE) and the National Stock Exchange of India (NSE) on October 13, 2025.

Key Details of the Resignation

Aspect Information
Resigning Executive Amit Shroff
Position Chief Executive Officer
Effective Date October 31, 2025 (Close of business hours)
Reason Provided Personal reasons
Date of Resignation Letter October 13, 2025

Regulatory Compliance

Finkurve Financial Services Limited has adhered to the regulatory requirements by making the necessary disclosures under Regulation 30 of the Securities and Exchange Board of India (SEBI) Listing Obligations and Disclosure Requirements Regulations, 2015. The company's filing includes:

  1. A formal intimation of the resignation
  2. The date of effect for the resignation
  3. Reasons for the change in leadership
  4. Additional details as mandated by SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023

Company Response

The company acknowledged Mr. Shroff's resignation in its regulatory filing, stating that it has been accepted. Kajal Parmar, the Company Secretary & Compliance Officer, signed the official communication to the stock exchanges.

Next Steps

As of now, Finkurve Financial Services Limited has not announced a successor to Mr. Shroff. The company's board and management will likely focus on ensuring a smooth transition of leadership in the coming weeks.

Investors and stakeholders will be watching closely for any updates on the company's plans for new leadership and any potential impacts on its strategic direction.

Historical Stock Returns for Finkurve Financial Services

1 Day5 Days1 Month6 Months1 Year5 Years
+0.74%-5.80%-10.75%-18.59%-18.59%-18.59%
Finkurve Financial Services
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