Supra Pacific Financial Services Limited has announced significant modifications to its proposed rights issue following a board meeting held on February 7, 2026. The company has expanded the scope of its fundraising initiative to include debt repayment alongside its original objectives, maintaining the total issue size while enhancing financial flexibility.

Rights Issue Modifications Approved

The board meeting, which commenced at 10:30 a.m. and concluded at 01:15 p.m., approved a variation in the objects of the proposed rights issue originally sanctioned on January 6, 2026. The revised objects now encompass the full or partial repayment and pre-payment of certain borrowings availed by the company from various lenders, while the aggregate issue size remains unchanged at up to ₹5000.00 lakh.

Key Issue Details

Revised Objects of the Issue

The updated objects of the rights issue now include three primary components:

• Augmenting capital base for NBFC activities
• Repayment and pre-payment of borrowings
• General corporate purposes

The inclusion of loan repayment as an object is strategically intended to optimize the company's capital structure, reduce interest costs, and improve the overall debt-to-equity ratio, thereby strengthening the financial position for future onward lending activities.

Regulatory Compliance and Documentation

Pursuant to the addition of the loan repayment object, the board has approved the revised Draft Letter of Offer (DLOF) and other related issue documents. The revised DLOF incorporates updated disclosures as per Schedule VI of the SEBI (ICDR) Regulations, 2018, and will be submitted to BSE Limited for obtaining updated in-principle approval.

The board also approved the appointment of Infomerics Valuation and Rating Ltd to act as the monitoring agency for the proposed rights issue, ensuring proper oversight of fund utilization.

Strategic Impact

The modification reflects the company's strategic approach to capital management, balancing growth funding with debt optimization. By incorporating loan repayment into the rights issue objects, Supra Pacific Financial Services aims to create a more robust financial foundation for its NBFC operations while reducing the interest burden on existing borrowings.

Supra Pacific Financial Services Limited announced the successful allotment of Non-Convertible Debentures (NCDs) following a Board meeting held on January 23, 2026. The Board of Directors approved the issuance of secured, unrated, unlisted NCDs on a private placement basis under the category with maximum subscription of less than ₹1 crore.

Debenture Allotment Details

The company allotted 82,076 Non-Convertible Debentures with a total value of ₹82.08 crores. The debentures will not be listed on any stock exchange and have been issued as secured instruments backed by the company's current assets.

Tenure and Interest Structure

The NCDs offer multiple tenure options ranging from 2 to 6 years, with varying interest rates and payment schedules to cater to different investor preferences.

Interest Rates by Tenure

Payment Schedule

The debentures feature structured payment schedules based on the chosen tenure and frequency:

• Monthly Payment Options: Interest payments on the 23rd of every month until maturity
• Yearly Payment Options: Annual interest payments on January 23rd each year
• Doubling Scheme: Single payment at maturity for the 6-year option

Principal repayment will occur on the respective maturity dates, with all principal amounts due in full at the end of each tenure period.

Regulatory Compliance

The allotment complies with Regulation 30 of the SEBI Listing Regulations and Schedule III thereof, along with SEBI Circular no. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024. The company reported no delays in payment, defaults, or special rights attached to the instruments.

Board Meeting Proceedings

The Board meeting commenced at 10:30 a.m. and concluded at 12:30 p.m. on January 23, 2026. In addition to approving the NCD allotment, the Board reviewed business operations and prospects of the company. The meeting also covered routine matters including approval of previous meeting minutes and other incidental business items.