Emerald Finance has informed that the Board of Directors of Emerald Finance (the Company) in its meeting held on March 20, 2025, has transacted the following business: Approved the issuance of up to 24 (Twenty Four) Secured Unlisted Unrated Redeemable Non-Convertible Debentures (SRNCDs) (Series 5) having face value of Rs 5,00,000 (Rupees Five Lakh Only) each aggregating to Rs 1,20,00,000 (Rupees One Crore Twenty Lacs Only) on private placement basis (Issue).
The above information is a part of company’s filings submitted to BSE.