Laxmi India Finance raises Rs 50 crore through NCDs
The Business Operation Committee of the Board of Directors of Company at their meeting held on February 24, 2026 has approved allotment of the same
Laxmi India Finance has raised Rs 50 crore through the allotment of 50,000 Listed, Rated, Senior, Secured, Transferable, Redeemable, Non-Convertible Debentures (NCDs) each having a face value of Rs 10,000 each on a private placement basis. The Business Operation Committee of the Board of Directors of Company at their meeting held on February 24, 2026 has approved allotment of 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.
