Capital India Finance Limited approved the issuance of non-convertible debentures (NCDs) worth up to ₹100 crore via private placement. The decision was taken by the Securities Issuance Committee on September 16, 2026.

The company, which previously intimated its plan to raise funds through debt securities in August 2026, structured the issue with a base size of ₹50 crore and an oversubscription option of up to ₹50 crore.

Issue Structure

The issuance comprises 1,00,000 listed, rated, senior, secured, transferable, and redeemable NCDs. The securities will be listed on the Bombay Stock Exchange (BSE). The allotment and maturity dates remain to be determined by the Board of Directors or its authorized committee.

Security and Regulatory Compliance

The NCDs are secured by a pari passu charge via hypothecation over all standard loan receivables, both present and future. Capital India Finance committed to maintaining a minimum security cover of at least 1.10x throughout the tenure of the debentures.

The disclosure was made pursuant to Regulations 30 and 51 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing also references SEBI Master Circular no. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated July 11, 2023, as updated on January 30, 2026.

Shareholders of Capital India Finance approved key governance and financing resolutions at its 32nd Annual General Meeting held on September 7, 2026. The meeting, conducted via video conferencing, saw the adoption of audited financial statements for FY26 and the re-appointment of Managing Director Keshav Porwal.

The company secured shareholder approval to raise funds through the issuance of debt securities. Additionally, members approved a revision in Mr. Porwal’s remuneration effective April 1, 2026, and ratified material related-party transactions with its subsidiary, Rapipay Fintech Private Limited.

Resolution Outcomes

The meeting concluded at 12:03 pm with all five resolutions passed. The voting process included remote e-voting and e-voting during the meeting, scrutinized by Maghisuddin of M & Co., Practising Company Secretaries.

Voting Participation

As on the cut-off date of September 1, 2026, the company had 8,337 shareholders. A total of 103 members attended the meeting through video conferencing, comprising one promoter representative and 102 public shareholders.

The promoter group held 28,38,78,600 shares, while public institutions held 2,08,011 shares and non-institutional public shareholders held 10,69,69,689 shares. For the resolution concerning related-party transactions, votes from promoters and key managerial personnel were excluded as per regulatory requirements.

Governance Details

Mr. Vinod Somani, Non-Executive Chairman, presided over the meeting. The statutory auditors, V. Sankar Aiyar & Co., and secretarial auditors, Arun Gupta & Associates, were present. The reports from both audit firms contained no qualifications or adverse remarks that would affect the company’s functioning.