Tag: NCDs

IndustryLatest Stories

Lodha Developers Secures ₹500 Crore via Debenture Issue

NEW DELHI: Lodha Developers Ltd, a prominent real estate firm, announced on Monday that it has successfully raised Rs 500 crore through the issuance of debentures. According to a regulatory filing, the company’s board approved the allocation of 50,000 non-convertible debentures (NCDs) worth Rs 1 lakh each, totaling Rs 500 crore via private placement. The interest rate is set at 8.52 percent per annum, payable biannually. Lodha Developers is one of India’s leading real estate companies, with a strong presence in the Mumbai Metropolitan Region (MMR), Pune, and Bengaluru. The company has also acquired land in the Delhi-NCR region to…

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Signature Global secures ₹875 crore through debentures for growth

I visualize the growth potential of non-convertible debentures (NCDs) with a rising graph against a cityscape. NEW DELHI: Realty firm Signature Global Ltd has successfully raised Rs 875 crore through the issuance of non-convertible debentures (NCDs) aimed at repaying existing debt and fostering business expansion. The company announced in a regulatory filing on Friday that its debenture committee has approved the allocation of 87,500 NCDs, each with a face value of Rs 1 lakh, amounting to a total of Rs 875 crore, under private placement. Although Signature Global did not disclose the identities of the investors who subscribed to these…

IndustryLatest Stories

Lodha Developers secures ₹350 crore through NCD private placement

Representative image created by AI NEW DELHI: Lodha Developers (previously Macrotech Developers) has successfully raised ₹350 crore through a private placement of 35,000 rated, listed, senior, secured, redeemable, taxable, and transferable non-convertible debentures (NCDs), according to a regulatory filing made with the stock exchanges on Monday. The debentures, having a face value of ₹1 lakh each, are now listed on the Wholesale Debt Market segment of BSE. The issuance received approval from the company’s executive committee on July 21, 2025, with allotment and deemed date of allotment occurring on the same day. The NCDs feature a floating interest rate structure…