Real Touch Finance Ltd to raise funds through NCDs

The Board of Directors of Real Touch Finance Limited has at its meeting held today i.e., February 24, 2024, has considered and recommended to the shareholders for their approval, to offer or invite to subscribe, Non-Convertible Debentures on private placement basis, aggregating up to INR 100,00,00,000/- (Indian Rupees One Hundred Crores only).

The board also considered and approved the issuance of up to 2000 number of 9% Unlisted Unsecured Redeemable Non-Convertible Debentures in the nature of subordinated debt of face value INR 1,00,000/- (Indian Rupees One Lakh only) at par aggregating up to INR 20,00,00,000/- (Indian Rupees Twenty Crores only) on private placement basis for a period of sixty one months.

Shares of Real Touch Finance Ltd was last trading in BSE at Rs. 42.42 as compared to the previous close of Rs. 41.59. The total number of shares traded during the day was 150 in over 3 trades.

The stock hit an intraday high of Rs. 42.42 and intraday low of 41.59. The net turnover during the day was Rs. 6280.00.

Source : Equity Bulls

Keywords

RealTouchFinance INE840I01014 RTFL FundRaising NCDs