Crest Ventures Limited's Debenture Fund Raising Committee has approved the allotment of 10,000 unsecured, redeemable, non-convertible debentures via private placement.

Each debenture has a face value of ₹1 lakh, leading to a total fundraise of ₹100 crore.

These debentures carry a 12% annual interest rate, payable quarterly, and have an 18-month tenure, redeemable on June 23, 2027. They are rated CARE BBB; Stable and are intended for listing on the BSE Wholesale Debt Market.

This financing provides capital for the company's operations.