Salem Erode Investments
39.15
-1.29(-3.19%)
Market Cap₹44.92 Cr
PE Ratio-9.96
Company Performance:
1D-3.19%
1M+14.11%
6M+4.34%
1Y-14.84%
5Y+1,082.78%
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More news about Salem Erode Investments
27Jan 26
Salem Erode Investments Limited Board Meeting Scheduled for January 30, 2026 to Consider NCD Fund Raising
Salem Erode Investments Limited has scheduled a board meeting for January 30, 2026, to consider fund raising through Secured Redeemable Non-Convertible Debentures on private placement basis. The company has notified BSE Limited under Regulation 29 compliance requirements, with the meeting set to take place at the corporate office. Company Secretary Visakh T V signed the official communication dated January 27, 2026.
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03Jan 26
Salem Erode Investments Limited Allots ₹98 Lakh Debentures on Private Placement Basis
Salem Erode Investments Limited announced the allotment of 9,800 unlisted secured redeemable non-convertible debentures worth ₹98.00 lakhs on private placement basis. The Debenture and Bond Committee approved this allotment on January 03, 2026, with each debenture carrying a face value of ₹1,000.00. The company disclosed this development to BSE Limited under Regulation 30 of SEBI regulations, demonstrating regulatory compliance and transparent stakeholder communication.
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23Dec 25
Salem Erode Investments Approves ₹13 Cr Debenture Issue
Salem Erode Investments Limited's Board has approved the issuance of 13,000 unlisted secured redeemable non-convertible debentures worth ₹13 crores. The debentures, with a face value of ₹1,000 each, will be issued via private placement in one or more tranches. Investment schemes include monthly and cumulative options with tenures of 36 to 68 months and interest rates up to 12%. The debentures are secured against the company's current assets and loans, including gold loan receivables, with a minimum 100% security cover. Allotment will be completed within 30 days of receiving application money, with maturity dates set at 36 or 68 months from allotment.
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15Nov 25
Salem Erode Investments Raises Rs 84.30 Lakh Through Non-Convertible Debentures
Salem Erode Investments Limited has successfully raised Rs 84.30 lakh by allotting 8,430 non-convertible debentures (NCDs) at Rs 1,000 each through private placement. The NCDs are unlisted, secured, redeemable, and non-convertible. The allotment was approved by the company's Debenture and Bond Committee. This move complies with SEBI regulations and demonstrates investor confidence in the company.
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08Nov 25
Salem Erode Investments Approves Rs 1.05 Crore Debenture Issue
Salem Erode Investments Limited's Board has approved the issuance of 10,500 unlisted secured redeemable non-convertible debentures (NCDs) at Rs 1,000 each, totaling Rs 1.05 crore. The private placement offers 36-month schemes with monthly or cumulative interest options, and a 68-month cumulative doubling scheme. The NCDs are secured against company assets with a 100% security cover. A put option is available for the 36-month scheme. Vistra ITCL (India) Limited is the debenture trustee, with allotment expected within 30 days of receiving application money.
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23Sept 25
Salem Erode Investments Approves Rs 75 Lakh Debenture Issue Through Private Placement
Salem Erode Investments Limited (SEIL) has approved the issuance of unlisted secured redeemable non-convertible debentures (NCDs) worth Rs 75 lakhs through private placement. The company will issue 7,500 NCDs with a face value of Rs 1,000 each, offering 36-month and 68-month tenure options. The 36-month scheme offers a 12% per annum coupon rate, payable monthly. The debentures are secured against the company's current assets, loans, and advances, with Vistra ITCL (India) Limited appointed as the debenture trustee. SEIL commits to completing the allotment within 30 days of receiving application money and offers a put option for the 36-month scheme.
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13Aug 25
Salem Erode Investments Reports Reduced Q1 Loss, Revenue Growth
Salem Erode Investments Limited reported improved Q1 FY24 results with a 24.1% reduction in net loss to Rs 98.98 lacs. Total income increased by 14.1% to Rs 110.19 lacs, while revenue from operations grew 14.6% to Rs 108.88 lacs. The company also managed to decrease total expenses by 9% to Rs 209.16 lacs. Full asset cover was maintained for secured debentures through hypothecation of loan receivables and other assets.
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02Aug 25
Salem Erode Investments Approves Rs 55 Lakh Debenture Issuance Through Private Placement
Salem Erode Investments Limited (SEIL) has approved the issuance of unlisted secured redeemable non-convertible debentures (NCDs) worth Rs 55 lakhs through private placement. The issue comprises 5,500 NCDs with a face value of Rs 1,000 each, offering 36-month and 68-month tenure options. The 36-month scheme includes monthly interest (12% coupon rate) and cumulative options, while the 68-month scheme offers a cumulative doubling option. The NCDs are fully secured against current assets, loans, advances, and other unencumbered assets, with a minimum security cover of 100%.
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Salem Erode Investments
39.15
-1.29
(-3.19%)
1 Year Returns:-14.84%
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