Moneyboxx Finance has received an approval for the issuance of Rated, Unlisted, Senior, Secured, Redeemable, Taxable Non-Convertible Debentures (NCDs) for an amount not exceeding Rs 20 crore on Private Placement Basis. The said NCDs will be issued for a tenure of 28 months and 2 days as per the Term Sheet. The Board of Directors of the Company has at its meeting held on October 14, 2022 inter-alia, considered and approved the same.
Moneyboxx Finance is a Non Deposit taking Non-systemically Important Non Banking Finance Company (NBFC-ND-NSI) engaged primarily in the business of advancing loans and investing/trading in securities.
