Committee Meeting Updates

Dar Credit & Capital's Finance Management Committee has approved raising funds through the issuance of Non-Convertible Debentures (NCDs). The company plans to issue rated, listed, secured, redeemable NCDs for up to 50 Cr on a private placement basis.

This strategic move allows the company to secure capital for its business operations and growth, demonstrating a proactive approach to strengthening its financial position.

The NCDs are intended to be listed on the National Stock Exchange, offering investors a new avenue for participation.