6 hrs ago
Anupam Rasayan Shares Fall After ₹160 Crore NCD Issue
Anupam Rasayan is a company whose shares are traded on the stock market.
Its share price fell nearly 5% after it announced plans to borrow ₹160 crore.
It will borrow the money by selling special debt instruments called non-convertible debentures, or NCDs.
Aditya Birla Capital will receive these NCDs through a private placement.
The company plans to repay most of the money by 21 October 2026.
It will repay the remaining ₹500 per debenture by 21 October 2027.
The stock later recovered some of its early losses.
The company has also approved another ₹300 crore NCD issue and plans to buy shares in Tanfac Industries.
Anupam Rasayan India shares fell as much as 4.6% to ₹1,150.10 in early BSE trading on Monday, 21 September.
The stock opened at ₹1,201.75, compared with its previous close of ₹1,205.65, and later traded 1.88% lower at ₹1,183.
The company approved issuing up to 16,000 secured, rated, unlisted and redeemable NCDs worth ₹160 crore to Aditya Birla Capital.
The NCDs are due to be redeemed in two instalments, with ₹99,500 per debenture payable by 21 October 2026 and ₹500 by 21 October 2027.
Anupam Rasayan also approved a separate ₹300 crore NCD issue and agreed to acquire 2,60,065 Tanfac Industries shares for about ₹60.88 crore.
- Who
- Anupam Rasayan India, Aditya Birla Capital, CTL Trusteeship Limited and Tanfac Industries.
- What
- Anupam Rasayan India’s shares fell after it announced a ₹160 crore NCD issue; the company also disclosed another proposed NCD issue and a planned Tanfac Industries share acquisition.
- Where
- The share-price movement was reported in early trading on the BSE.
- When
- The share-price move occurred on Monday, 21 September; related filings were made on 17 and 19 September, while the announced debentures mature in October 2027.
- Why
- The decline followed Anupam Rasayan India’s announcement of the ₹160 crore NCD issue to Aditya Birla Capital.
Key facts
- Maximum intraday decline
- 4.6%
- Intraday low
- ₹1,150.10
- NCD issue value
- ₹160 crore
- NCD buyer
- Aditya Birla Capital
- Partial redemption
- ₹99,500 per debenture by 21 October 2026
- Final redemption
- ₹500 per debenture on 21 October 2027
- Additional NCD proposal
- Up to 30,000 debentures aggregating ₹300 crore
- Tanfac Industries investment
- 2,60,065 shares for an aggregate consideration of ₹60,88,12,165
Sources
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