Laxmi India Finance Limited has announced the successful allotment of non-convertible debentures worth Rs. 50 crores through its Business Operation Committee. The committee meeting held on February 24, 2026, approved the issuance under Regulation 30 and 51 of SEBI Listing Regulations, marking a significant fundraising milestone for the financial services company.

Debenture Issue Details

The allotment comprises 50,000 listed, rated, senior, secured, transferable, redeemable non-convertible debentures issued on a private placement basis through Electronic Bidding Platform (EBP). Each debenture carries a face value of Rs. 10,000, bringing the total issue size to Rs. 50,00,00,000.

Terms and Conditions

The debentures offer an attractive coupon rate of 10.50% per annum with monthly payment frequency. The instruments have a tenure of 36 months and are scheduled to mature on February 24, 2029, with redemption at par value.

Security and Listing

The NCDs are secured by a first and exclusive charge on identified receivables through hypothecation in favor of the Debenture Trustee. This security structure provides protection for debenture holders over the hypothecated assets as per the terms specified in the Term Sheet. The company has proposed to list these debentures on the Wholesale Debt segment of BSE Limited, enhancing their tradability and liquidity.

Default Protection Mechanism

In case of payment delays exceeding three months from the due date, the company has committed to pay an additional 2% above the standard interest rate. This penalty rate will apply from the date of default occurrence until the event is cured or the secured obligations are fully repaid, providing additional protection to investors.

Regulatory Compliance

The allotment was conducted in accordance with SEBI Master Circular HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026. IDBI Trusteeship Services Limited serves as the debenture trustee, while Acuite Ratings & Research Limited has provided the credit rating for the issue. The company has fulfilled all disclosure requirements under Regulation 30 and 51 of SEBI Listing Regulations. Company Secretary & Chief Compliance Officer Sourabh Mishra signed the regulatory filing on behalf of the company.

Source: None/Company/INE06WU01026/b7ad1ebb-9830-4768-b6a4-a4e67a327757.pdf

Laxmi India Finance Limited has released the complete transcript of its virtual knowledge session with investors, providing comprehensive insights into the company's Q3 FY25 performance and strategic direction. The session, held on February 17, 2026, was organized by Go India Advisors and focused on the quarter ended December 31, 2025.

Transcript Release and Regulatory Compliance

The company formally communicated the availability of the session transcript to both stock exchanges on February 23, 2026, maintaining its commitment to transparency and regulatory compliance under SEBI regulations. The transcript has been uploaded to the company's official website and made accessible to all stakeholders.

Q3 FY25 Financial Performance Highlights

During the interactive session, Managing Director Deepak Baid presented the company's financial performance for the nine-month period. The company demonstrated strong growth metrics across key parameters, reinforcing its position in the secured lending segment.

Business Strategy and Growth Outlook

The management outlined strategic priorities focusing on secured MSME lending, which constitutes 83-84% of the loan book. The company operates through 170+ branches across five states - Rajasthan, Gujarat, Madhya Pradesh, Chhattisgarh, and Uttar Pradesh, with plans to expand into Maharashtra.

The average ticket size of loans stands at ₹7-8 lakh, primarily secured against residential or commercial properties with a loan-to-value ratio of 42%. The company targets ROA improvement to 3.50-3.75% through operational leverage and cost optimization.

Documentation and Accessibility

The complete transcript is available on the company's website at the provided link, ensuring broader accessibility for stakeholders who could not attend the live session. This initiative demonstrates the company's commitment to maintaining transparent communication with its investor community and adhering to listing compliance obligations.