Pune E-Stock Broking Limited's board has approved raising up to ₹50 Crore through the issuance of Non-Convertible Debentures (NCDs). The secured debt will be issued on a private placement basis.
Value
₹50.00 Cr
Execution
within a period of one year from the date of passing of the relevant Board Resolution
Pune E - Stock Broking Limited approved the allotment of 16,00,000 convertible warrants on a preferential basis during its board meeting on April 16, 2026. The allotment follows receipt of application forms and amounts from proposed allottees. This move aims to raise capital through future equity conversion.
Pune E - Stock Broking Ltd received in-principle approval from BSE for a ₹37.44 Crore preferential issue. The company will allot 16,00,000 convertible warrants at ₹234 per warrant to promoter and non-promoter categories. This capital infusion strengthens the company's financial position and supports its growth initiatives.
