Sakthi Finance has received approval to raise Rs 200 crore through Public Issue of Secured, Redeemable, Non-Convertible Debentures (NCDs) of face value of Rs 1,000 each for an amount up to Rs 10,000 lakh as Base Issue size with an option to retain over-subscription up to Rs 10,000 lakh. The Board of Directors have at their meeting held on November 10, 2022 considered and approved the same.
Sakthi Finance provides a wide variety of loans for cars, commercial vehicles, plant machinery and equipment are available and it is one of the first companies to introduce used vehicle financing.
