Salem Erode Investments raises Rs 65 lakh via NCDs
The Debenture and Bond Committee of the Board of Directors has, at its meeting held on February 09, 2026 approved allotment of the same
Salem Erode Investments has raised Rs 65 lakh through the allotment of 6500 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 February 09, 2026 inter alia approved 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.
