Unifinz Capital India Limited's Asset Liability Management Committee has approved the allotment of 50,000 senior, secured, rated, listed, non-convertible debentures (NCDs) on a private placement basis.

Each NCD has a face value of INR 10,000, totaling INR 50 Crore.

These debentures carry a fixed coupon rate of 11.75% annually, payable monthly, and have a 15-month tenure.

They are rated "BBB-/Stable" by CRISIL Ratings and will be listed on BSE's Wholesale Debt Market.

This issuance strengthens the company's financial position and provides capital for its operations.