Hot Pursuit News Details

Emkay Global raises Rs 50 crore via NCDs on private placement basis

(21-Aug-26   18:20)

Emkay Global Financial Services Limited announced the approval to raise up to Rs 50 crore through the issuance of 5,000 rated, listed, senior, unsecured, transferable, redeemable, taxable non-convertible debentures (NCDs) on a private placement basis, with a base issue size of Rs 25 crore and a green shoe option of an additional Rs 25 crore. The NCDs have a face value of Rs 1 lakh each and will carry an 11.50% annual coupon, payable half-yearly, with a deemed date of allotment expected on September 7, 2026, and a proposed maturity date of September 7, 2029. The company also has a call option exercisable at various intervals, and the debentures are proposed to be listed on the Wholesale Debt Market Segment of BSE Limited. The Management Committee approved the issuance at a meeting held on August 21, 2026.