Mumbai, June 3 -- Chemmanur Credits and Investments has announced the public issue of 10 lakh Secured Redeemable Non-Convertible Debentures (NCDs) of the face value of Rs 1000 each for an amount aggregating up to Rs 100 crore.

The base size issue is Rs 50 crore, with an option to retain over-subscription up to an additional Rs 50 crore (Green Shoe Option) aggregating up to Rs 100 crore.

The issue is scheduled to open on 03 June 2025 and close on 16 June 2025, with an option of early closure or extension.

There are 7 series of NCDs carrying fixed coupons and having a tenure of 366 days, 18 months, 36 months, 60 months and 70 months with monthly and cumulative interest payment options.

An effective yield (per annum) for the NCD holders ...