Mumbai, December 23, 2025:
Finkurve Financial Services Limited has informed stock exchanges that its Board of Directors will meet on Tuesday, December 30, 2025, to consider and approve a proposal for raising funds through the issuance of Non-Convertible Debentures (NCDs).

The intimation was made pursuant to Regulations 29(1)(d) and 50(1)(d) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The proposed fund raising will be undertaken through private placement using the Electronic Bidding Platform (EBP), subject to board approval and applicable regulatory compliances.

Details of the Proposed NCD Issue

According to the disclosure, the company plans to issue Non-Convertible Debentures with a face value of ₹10,000 each, at an issue price of ₹10,000 per debenture.

The NCDs will be offered to eligible investors on a private placement basis, a route commonly used by financial services companies to raise medium- to long-term capital in a cost-efficient manner.

While further details such as tenure, coupon rate, and security cover have not yet been disclosed, these are expected to be finalised and announced following the board meeting.

Regulatory Disclosure and Compliance

The company has made the disclosure in line with SEBI’s mandatory requirements for prior intimation of board meetings involving fund-raising proposals.

Such disclosures ensure transparency for investors and market participants, particularly when the agenda involves issuance of debt securities, which may have implications for the company’s capital structure and leverage profile.

The intimation has been filed with both BSE Limited and the National Stock Exchange of India Limited.

Strategic Context of the Fund Raising

Fund raising through Non-Convertible Debentures allows financial services firms to diversify funding sources, strengthen liquidity, and support business expansion without diluting equity.

Private placement via EBP also enables efficient price discovery and participation by institutional investors, while adhering to SEBI’s enhanced disclosure and governance framework for debt issuances.

The move indicates Finkurve Financial Services’ intent to tap the debt market as part of its broader funding strategy.

What Investors Should Watch

Investors and market participants will closely monitor the outcome of the December 30 board meeting, particularly for:

• Final size of the NCD issue

• Tenure and interest rate

• Security or collateral backing the debentures

• Utilisation of funds

Join our Telegram Channel for Latest News and Regular Updates.

Start your Mutual Fund Journey  by Opening Free Account in Asset Plus.

Start your Stock Market Journey and Apply in IPO by Opening Free Demat Account in Choice Broking FinX.