Laxmi India Finance to raise ₹100 cr via NCDs

Laxmi India Finance to raise ₹100 crore through non-convertible debentures via private placement. The move aims to strengthen working capital and fund business expansion. The issue size of ₹100 crore is considered modest for a finance firm. Terms of the NCDs, including interest rate and tenure, will be disclosed in due course.

📊 STOCKS: LIFL | 🏢 SECTOR: CapitalMarkets | #LOWIMPACT #Funding