Allotment of Securities
CapitalWatchNotablemateriality 63 out of 100
What happened
FactAllotment of Securities. Listed, Rated Transferable, Redeemable, Non-Convertible Debentures denominated in Indian Rupees. INR 44,20,00,000 (Indian Rupees Forty Four Crore Twenty Lakh) ("NCDs") for a period of 2 (Two).
Why it matters
CapitSignal interpretationRaising capital changes the share count or the debt load, and the stated use of proceeds is a commitment that can later be checked.
Watch next
Fact- Instrument and amount finally raised
- Stated use of proceeds
- Whether the enabling resolution is actually used
Evidence
How CapitSignal classified this
- Reasoning:
- FUNDRAISE base 58; +5 quantified amount; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 75%