Capri Global Capital To Consider NCD Issuance Worth Rs 20 Billion

Capri Global Capital Ltd has informed that its board will soon deliberate on a proposal to raise funds through the issuance of non-convertible debentures (NCDs) worth up to Rs 20 billion via a public issue. The decision reflects the company’s strategy to enhance liquidity and diversify its funding base.  

The proposed NCD issuance is expected to provide long-term capital for expansion, while also offering investors a fixed-income instrument backed by the company’s strong financial profile. Industry experts note that such debt instruments are increasingly being used by non-banking financial companies (NBFCs) to balance growth with financial stability.  

Key Highlights  

• Board to consider NCD issuance worth Rs 20 billion  
• Funds to be raised via public issue of debt instruments  
• Move aimed at strengthening liquidity and supporting expansion  
• NCDs provide investors with fixed-income opportunities  
• Reflects NBFC sector’s reliance on diversified funding sources  

Strategic Importance  
Analysts emphasize that the proposed NCD issue will help Capri Global Capital reduce dependence on short-term borrowings and secure stable funding for its lending operations. The initiative aligns with the company’s long-term growth strategy and highlights the importance of debt markets in supporting India’s NBFC sector.  

Sources: Reuters