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Transwarranty Finance informs about allotment of shares on private placement

18 Sep 2020 Evaluate

Transwarranty Finance has informed that the Debenture Issue Committee of the Board of Directors of the Company has through Circular Resolution dated 17th September, 2020 approved the allotment of Secured and Unsecured Redeemable Non-Convertible Debentures (NCDs) under Tenth Tranche/Series J/2020-21, amounting to Rs  24,00,000 on private placement basis. The unsecured NCDs are in the nature of Subordinated debt. The details of the said allotment, as required under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 are enclosed.

The above information is a part of company’s filings submitted to BSE.


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