Anupam Finserv Ltd's Board approved the allotment of the first tranche of Non-Convertible Debentures (NCDs) for the current financial year.

The company allotted 388 secured, unlisted NCDs, each with a face value and issue price of Rs. 100,000. This private placement aggregates to 3.88 Cr.

This move is part of the company's previously announced fund-raising plan, strengthening its financial position by securing capital through debentures.