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Transwarranty Finance gets nod to raise Rs 27 lakh via NCDs

14 Jan 2020 Evaluate

Transwarranty Finance has received an approval for the issuance and allotment of Secured and Unsecured Redeemable Non-Convertible Debentures (NCDs) under fifth tranche/Series E/2019-20, amounting to Rs 27 lakh on private placement basis. The unsecured NCDs are in the nature of Subordinated debt. The Debenture Issue Committee at its meeting held on January 14, 2020, has approved the same.

Transwarranty Finance is a full service Financial & Capital Market Services Company, providing a wide range of services to over 1,000 Large, Small and Medium companies and thousands of retail clients all over India, since 1994.

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