Salem Erode Investments has raised Rs 40.60 lakh through the allotment of 4,060 Unlisted Secured Redeemable Non-Convertibles Debentures (NCDs), of face value of Rs 1,000 on a private placement basis. The Debenture and Bond Committee of the Board of Directors of the Company has, at its meeting held on June 23, 2025 approved the allotment of the same.
Salem Erode Investments is a Non-Banking Finance Company engaged in the business of making investments and providing loans and does not hold any type of inventory.
