Richfield Financial Services Debt & Borrowing: ₹1.41 Cr
Richfield Financial Services Ltd allotted 14,110 Secured Redeemable Non-Convertible Debentures (NCDs) on a private placement basis worth Rs. 1.411 Crore.
- Value
- ₹1.41 Cr
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Richfield Financial Services Ltd allotted 14,110 Secured Redeemable Non-Convertible Debentures (NCDs) on a private placement basis worth Rs. 1.411 Crore.
Richfield Financial Services Board approved Rs. 10 Crore NCD private placement (Series VI). The secured debentures offer monthly or cumulative interest across tenures of 400 days to 5 years.
Richfield Financial Services allotted Series V NCDs worth ₹1.46 Crore on a private placement basis. The secured instruments offer tenures ranging from 400 days to five years.
Richfield Financial Services Ltd submitted its annual disclosure confirming it does not qualify as a Large Corporate for FY 2025-26 under SEBI norms. The company reported outstanding borrowings of ₹66.83 Crore as of March 31, 2026.
Richfield Financial Services Ltd approved a private placement of Secured Redeemable Series V Non-Convertible Debentures (NCDs) aggregating ₹15 Crore. The issuance offers six options with tenures ranging from 400 days to 68 months and interest rates up to 12.00%. Allotment is scheduled for May 20, 2026.
Richfield Financial Services Ltd has scheduled a Board meeting on April 17, 2026, to approve the private placement of Series V Non-Convertible Debentures (NCDs). The company also announced that its trading window will remain closed until 48 hours after the declaration of FY2026 financial results.