CSL Finance Limited has successfully completed the allotment of the second tranche of 30,000 Secured Rated Listed Redeemable Non-Convertible Debentures (NCDs) on May 21, 2026. The total value of the issuance aggregates to ₹30 crore, with each debenture carrying a face value of ₹10,000. This private placement was approved by the company's Board of Directors during its meeting on March 18, 2026, and follows an in-principle listing approval from BSE Limited dated April 20, 2026.

Key Details of the Issuance

The NCDs have a fixed tenure of two years and are set to mature on May 21, 2028. Investors will receive interest payments at a rate of 11% per annum, distributed on a quarterly schedule. The securities are secured and will be listed on BSE Limited, providing liquidity to investors.

Security Structure

The debentures are backed by a robust security structure. This includes a first-ranking, exclusive, and continuing charge on the loan receivables of the issuer to the extent of 1.25 times the outstanding amount, including accrued coupon. Additionally, the issuance is supported by an unconditional and irrevocable personal guarantee from Mr. Rohit Gupta. The security covers all present and future current assets of the company classified as such under applicable Accounting Standards, excluding Non-Performing Assets (NPAs) as per RBI regulations.

The company confirmed that there has been no delay in the payment of interest or principal amounts exceeding three months from the due date, nor any default in payments. The debentures are redeemable at maturity on May 21, 2028.

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE718F01018/914409d914214441.pdf

CSL Finance Limited has announced its decision to proceed with the issuance of the second tranche of Non-Convertible Debentures (NCDs), aggregating up to Rs. 30 Crores, on a private placement basis. This development was disclosed pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and follows the Board of Directors' earlier approval dated March 18, 2026.

Board-Approved NCD Programme

The Board of Directors of CSL Finance had previously approved the issuance of non-convertible debentures of various types — whether listed or unlisted, secured or unsecured, rated or unrated — on a private placement basis, in one or more tranches or series, up to an aggregate limit of INR 150 crore. The current second tranche represents a portion of this broader approved programme.

Key Details of the Second Tranche

The following table outlines the key parameters of the second tranche NCD issuance as disclosed by the company:

Compliance and Regulatory Disclosure

The announcement was made in accordance with Regulation 30 and Regulation 51, read with Para A of Part A of Schedule III of the Listing Regulations, and in line with SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024. The company has confirmed that there has been no delay or default in payment of interest or principal for a period of more than three months from any due date.

The terms of each issuance under the NCD programme, including coupon/interest rates, schedule of payments, and redemption details, are to be determined by the Board of Directors or the Management Committee of the Board of Directors, as per the respective Disclosure Document. The disclosure was signed by Preeti Gupta, Company Secretary and Compliance Officer of CSL Finance, on May 12, 2026.