Emkay Global Financial Services has successfully allotted 5,000 non-convertible debentures (NCDs) of face value ₹1 lakh each, aggregating to ₹50 crore on 07 September 2026 on private placement basis. According to reports from Business Standard, the NCDs have been issued at a fixed coupon 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 deal structure includes a ₹25 crore base size and a fully exercised ₹25 crore green shoe option, both of which were fully subscribed.
The NCD issuance carries a fixed coupon rate of 11.50% per annum, payable half yearly to investors. As reported by Business Standard, the debentures are structured as non-convertible instruments with a face value of ₹1 lakh each, resulting in a total issue size of ₹50 crore. The securities are rated, listed, senior, unsecured, transferable, redeemable, and taxable instruments. The total allotment consists of 5,000 units issued at par, with each debenture having a face value of ₹1,00,000. The private placement basis indicates the company's approach to raising capital through direct investor relationships rather than public market offerings.
The company has proposed to list the NCDs on the wholesale debt segment of BSE, according to the reports from Business Standard. The intimation was filed pursuant to Regulation 30 read with Regulation 51 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This listing will provide liquidity to investors and enhance the company's visibility in the wholesale debt market. The private placement structure allows Emkay Global Financial Services to access capital through direct investor relationships while maintaining control over the issuance process.
