Laxmi India Finance gets nod to raise Rs 50 crore via NCDs
The Business Operation Committee at their meeting held on February 12, 2026 has approved the same
Laxmi India Finance has received approval for issuance of listed, rated, senior, secured, transferable, redeemable, Non-Convertible Debentures (NCDs) of face value of Rs 10,000 each for an amount aggregating up to Rs 50 crore, in dematerialized form, through private placement. The Business Operation Committee, as authorized by the Board of Directors of the Company, at their meeting held on February 12, 2026 has approved the same.
Laxmi India Finance is a non-deposit taking non-banking financial company categorized as a ‘NBFC–Middle Layer’ primarily operating in Micro, Small and Medium Enterprises (MSME) financing vertical and vehicle financing vertical. It offers MSME loans, vehicle loans, construction loans and other lending products to cater to the financial needs of its customers.
