MKVentures Capital Limited's wholly-owned subsidiary, Destination Properties Private Limited, has issued 1,800 Optionally Convertible Redeemable Debentures (OCDs) aggregating to ₹18 Cr to MKVentures.

These zero-coupon OCDs have a 10-year term and offer an option for conversion into equity at a future price, either by the issuer or holder.

This move signifies internal group financing, providing capital to the subsidiary while offering a future equity conversion possibility for the parent, impacting the company's financial structure and future equity position.