Filter announcements
Loading...
Dar Credit and Capital Limited, established in 1994 and registered as an NBFC in 2007, provides financial solutions targeting low-income groups, including municipality workers, women entrepreneurs, and rural micro and small businesses.
Dar Credit & Capital's Finance Management Committee has approved the private placement allotment of new Non-Convertible Debentures (NCDs) worth up to 15 Crore. This issuance comprises two series: Series A, for up to 7.5 Crore, carries a 12.95% annual coupon with a 2-year tenure; Series B, also for up to...
Dar Credit & Capital's Finance Management Committee has approved and allotted 1,000 Senior, Secured, Listed, Rated, Taxable, Transferable, Redeemable, Non-Convertible Debentures (NCDs) worth INR 10 Crore through a private placement. These NCDs have a face value of INR 1,00,000 each and will be listed on the NSE. They carry a...
Dar Credit & Capital's Finance Management Committee has approved raising funds through the issuance of Non-Convertible Debentures (NCDs). The company plans to issue rated, listed, secured, redeemable NCDs for up to 50 Cr on a private placement basis. This strategic move allows the company to secure capital for its business...
Dar Credit & Capital's AGM approved an INR 0.50/share dividend. The Board is now authorized to issue Non-Convertible Debentures to raise capital. Directors were re-appointed, including a new independent director with 35 years banking experience. Articles of Association were updated to facilitate debt consolidation.
Dar Credit & Capital, as an SME-listed firm, confirms adherence to applicable governance norms. The company reported zero investor grievances and no fines or penalties this quarter. No new acquisitions or loans were made. An unchanged tax dispute with CPC continues.