Emkay Global Financial Services allotted ₹50 crore worth of non-convertible debentures (NCDs) on September 7, 2026. The issuance carries a fixed coupon rate of 11.50% per annum, payable half-yearly.

The company’s Management Committee approved the allotment during a meeting held on September 7, 2026. The issue size comprises a base amount of ₹25 crore and a green shoe option of ₹25 crore, both of which were fully subscribed.

Issue Details

The NCDs are rated, listed, senior, unsecured, transferable, redeemable, and taxable instruments. Each debenture has a face value of ₹1,00,000. The total allotment consists of 5,000 units issued at par.

The securities are proposed to be listed on the Wholesale Debt Segment of the Bombay Stock Exchange (BSE). The intimation was filed pursuant to Regulation 30 read with Regulation 51 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

This follows the company’s earlier intimation dated August 21, 2026, regarding the private placement offer of these non-convertible debentures.

Emkay Global Financial Services Ltd has incorporated Emkay Capital Private Limited as a wholly owned subsidiary. The move aims to enhance operational focus and provide greater strategic flexibility for the group.

Emkay Global Financial Services Ltd confirmed the incorporation of the new entity in Mumbai, Maharashtra, on August 24, 2026. This follows an earlier announcement dated July 27, 2026, regarding the proposed formation of the subsidiary.

Subsidiary Details

The new entity, Emkay Capital Private Limited (ECPL), operates within the investment company sector. Its primary objective is to house the investments of the group. The authorized share capital stands at ₹25,00,000.

The parent company subscribed to 100% of the initial paid-up share capital via cash consideration. The total cost of acquisition amounts to ₹10,00,000. No promoter or promoter group holds any interest in ECPL other than through the listed entity.

Regulatory Compliance

The intimation aligns with SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015. It also adheres to SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026. No governmental or regulatory approvals are required for this incorporation.

As ECPL has only recently been incorporated, it has not yet commenced business operations. Consequently, turnover and size metrics are not applicable at this stage.