Ashima Limited has successfully raised ₹50 Crore through the private placement of 5000 Unlisted, Secured, Non-Convertible Debentures.

Each debenture has a face value of ₹1 Lakh.

This fund infusion strengthens the company's financial position.

These NCDs offer an annual interest rate of 7.50% and mature in 9 years.

Importantly, subscribers have a 'Put Option' after two years, allowing them to redeem their investment early.

The debentures are secured by a first charge on the company's non-agricultural land.