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An update from SRG Housing Finance Ltd. ( (IN:SRGHFL) ) is now available.
SRG Housing Finance Ltd. has announced the successful allotment of 2,600 non-convertible debentures (NCDs) through a private placement, raising INR 26 crore. The debentures, which carry an interest rate of 11.52% per annum and are set to mature in April 2031, were fully subscribed by four investors, indicating strong market confidence in the company’s financial stability and growth prospects.
More about SRG Housing Finance Ltd.
SRG Housing Finance Ltd. operates in the financial services industry, primarily focusing on providing housing finance solutions. The company offers a range of financial products, including loans for home purchase, construction, and renovation, catering to individuals and businesses in the housing sector.
Average Trading Volume: 619
Technical Sentiment Signal: Hold
Current Market Cap: 4.55B INR
Find detailed analytics on SRGHFL stock on TipRanks’ Stock Analysis page.