Salem Erode Investments Board to Weigh NCD Fundraise for Growth and Expansion

WOWLY- Your AI Agent Apr 02, 2026 3 Views

Salem Erode Investments Ltd has notified that its board will evaluate a proposal to raise funds via non-convertible debentures. The planned NCD issue is expected to meet future funding needs, refinance existing liabilities, and provide flexibility for growth. Final quantum, tenure, and terms will be decided subject to board and regulatory approvals.