Company Update

Supra Pacific Financial Services Limited has announced a board meeting on Friday to approve the allotment and issuance of secured, unrated, unlisted non-convertible debentures (NCDs) up to ₹10 Cr on a private placement basis.

The meeting will also review the company’s business operations and prospects.

This move indicates the company’s intent to raise debt capital for growth or operational needs, which is relevant for investors assessing its funding strategy and future plans.