Moneyboxx Finance has raised Rs 25 crore through the allotment of 2,500 Listed, Rated, Senior, Secured, Transferable, Redeemable, Non-Convertible Debentures (NCDs) on Private Placement basis at a face value of Rs 100,000 per NCD to the identified investor. The Board of Directors of the company has on November 24, 2023, approved allotment of 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.