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Subscription to Non-Convertible Debentures

KSIIDC also extends financial assistance upto Rs. 5 crorres under its Non-Convertible Debentures Scheme to well established companies making profits for the last three years with no defaults to term lending institutions/banks.

This scheme is form augmenting funds for working capital requirements of manufacturing companies. The redemption of the debentures will be over a period ranging from 18 months to 30 months. The assistance will be secured by immovable collateral security of the company or its promoters.


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