Ashima Limited has secured fresh capital by allotting 7,000 Unlisted, Secured, Non-Convertible Debentures (NCDs) via private placement.

Each NCD has a face value of Rs 0.01 Cr, resulting in a total fund infusion of Rs 70 Cr.

These debentures will offer 7.50% annual interest and mature in 9 years, with a put option for investors after 2 years.

This move significantly strengthens Ashima's financial position and operational flexibility.

The NCDs are secured by a first charge on non-agricultural land.