Kings Infra Ventures Allots Rs. 52.60 Lakh NCDs in Ninth Tranche

Kings Infra Ventures Limited, a leading integrated aquaculture and seafood company, has announced the allotment of its ninth tranche of Non-Convertible Debentures (NCDs) through a private placement. The company's Debenture Committee approved the allotment on October 17, 2025, marking another step in its financial strategy.

Key Details of the NCD Allotment

Particulars	Details
Security Type	Unlisted Secured Redeemable Non-Convertible Debentures (NCDs)
Issue Mode	Private Placement
Allotment Date	October 17, 2025
Number of Debentures	5,260
Face Value per Debenture	Rs. 1,000.00
Total Allotment Value	Rs. 52,60,000.00

The company issued 5,260 unlisted secured redeemable non-convertible debentures, each with a face value of Rs. 1,000.00. This brings the total allotment value to Rs. 52,60,000.00, equivalent to Rs. 52.60 lakh.

Regulatory Compliance

Kings Infra Ventures Limited made this announcement in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Recent Developments

In a separate press release dated October 16, 2025, Kings Infra Ventures Ltd. welcomed the US Food and Drug Administration's (USFDA) approval of India's Turtle Excluder Device (TED) for shrimp trawl fisheries. This approval is expected to lift the US ban on wild-caught shrimp imports from India, which had been in place since 2021.

The company's Chairman and MD, Mr. Shaji Baby John, called this a "landmark moment for India's seafood industry," highlighting the potential for India to regain global leadership in shrimp exports while embracing sustainability.

This development could have significant implications for Kings Infra Ventures Ltd., potentially opening up new export opportunities and reinforcing its position in the seafood industry. However, it's important to note that the impact of this regulatory change on the company's financial performance remains to be seen.

As Kings Infra Ventures continues to navigate the evolving landscape of the seafood industry, investors and stakeholders will likely keep a close eye on how these developments, along with the company's financial strategies such as the NCD issuance, will shape its future growth and market position.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-0.35%	+1.30%	-4.16%	+20.17%	+10.68%	+486.79%

The US Food and Drug Administration (USFDA) has approved India's Turtle Excluder Device (TED) for shrimp trawl fisheries, paving the way for the lifting of a US ban on wild-caught shrimp imports from India. This development represents a significant regulatory milestone for Indian shrimp exports to the US market and is expected to have far-reaching implications for the seafood industry.

Background and Significance

The US imposed a ban on wild-caught shrimp imports from India in 2021 under Section 609 of the US Endangered Species Act, citing concerns over sea turtle conservation. The approval of the Indian TED, designed and standardized by the Central Institute of Fisheries Technology (CIFT), is a crucial step towards addressing these concerns and reopening the lucrative US market for Indian shrimp exporters.

Key Features of the Indian TED

The Indian TED has been optimized for multi-species trawl nets and tropical marine conditions:

Feature	Specification
Grid spacing	10.2 cm (4 inches)
Purpose	Shrimp retention
Design	Escape hatch angles and dimensions for turtle survival
Materials	Durable, marine-grade for tropical waters
Validation	Across Kerala, Tamil Nadu, and Odisha coasts
Turtle mortality reduction	Up to 97%

Expected Impact on India's Seafood Sector

The approval of the TED and the anticipated lifting of the US ban are expected to have significant positive impacts on India's seafood industry:

Impact Area	Projected Outcome
Additional export revenue	₹1,200–1,500 crore annually
Market access	Reopening of US market (30% of India's shrimp export value)
Industry revival	Small and medium trawler operations and traditional processing hubs
Livelihood improvement	Thousands of coastal families, especially women in shrimp processing
Export varieties	Boost for traditional small wild-caught shrimp (e.g., Poovalan and Kari Kadi)
Export hubs	Malabar coast, particularly Kollam and Kochi

Industry Reaction and Next Steps

Kings Infra Ventures Chairman and MD, Shaji Baby John, hailed the development as "a landmark moment for India's seafood industry." He emphasized that the successful TED design showcases the strength of India's scientific institutions and Kerala's traditional shrimp expertise, positioning India to regain global leadership in shrimp exports while embracing sustainability.

The Marine Products Export Development Authority (MPEDA) is expected to issue guidelines and conduct training programs to ensure nationwide adoption of TEDs across coastal fisheries. This will enable compliance with international export standards and solidify India's position as a responsible and sustainable seafood exporter.

Broader Implications

While tariffs remain a challenge in the broader US-India trade relationship, the resolution of this regulatory barrier through scientific collaboration and innovation sets a positive precedent. It demonstrates that sustained efforts can overcome trade challenges and may serve as a model for addressing other regulatory issues in international trade.

As India's seafood industry adapts to these new requirements, it is poised to strengthen its position in the global market, balancing economic growth with environmental responsibility. The successful implementation of the TED program could mark a new chapter in sustainable fishing practices and international trade relations in the seafood sector.