Dhanvarsha Finvest has received an approval for the allotment of 1,50,000 rated, secured, senior, transferable, listed, redeemable, principal protected market linked non-convertible debentures (NCDs) denominated in Rs each having a face value of Rs 1,000 and an aggregate face value of Rs 15 crore on private placement basis. The Board of Directors of the company on June 11, 2021 has approved the same.
Dhanvarsha Finvest was formed with a clear foresight to accelerate the dream of achieving more broad based financial inclusion in India. The company aims to attain this objective by providing sustained, customized and affordable financing solutions to the Micro, Small & Medium Enterprises (MSME) and Low to Middle Income (LMI) groups.
