NCD News of Sakthi Finance NCD February 2024

Sakthi Finance Limited is coming up with Public Issue of Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) of the face value of ₹ 1000 each, for an amount of ₹100.00 Crores ('Base Issue Size') " with an option to retain oversubscription up to ₹[.] Crores.

Founded in 1955, Sakthi Finance Limited, part of the Sakthi Group based in Coimbatore, South India, is an investment and lending company specializing in the financing of used commercial vehicles.

Allotment of the NCD's will be done on First Come First Serve Basis.

Sakthi Finance NCD February 2024 is rated [ICRA] BBB (Stable) by ICRA Limited (ICRA)..

The issue opens on Feb 8, 2024 and closes for subscription on Feb 21, 2024. The shares of the company to be list at BSE.

The public issue of Sakthi Finance Limited opens on Feb 8, 2024 and closes for subscription on Feb 21, 2024.

The Sakthi Finance NCD February 2024 are proposed to list at BSE.

Allotment of the NCD's will be done on First Come First Serve Basis.