BSECompany Update2d ago · 3 Sept 2026, 05:12 pm
Allotment of Unlisted Non-Convertible Debentures on Private Placement basis
Kuantum Papers Ltd · 532937
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Kuantum Papers Ltd has allotted 10,000 unlisted, unrated, senior, secured, redeemable, non-convertible debentures (NCDs) of face value INR 1,00,000 each, aggregating to INR 100,00,00,000, on a private placement basis.
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Kuantum Papers Ltd - 532937 - Announcement under Regulation 30 (LODR)-Allotment
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03.09.2026
BSE Limited National Stock Exchange of India Limited
Phiroze Jeejeebhoy Towers Exchange Plaza
Dalal Street Plot No. C/1, G Block,
Mumbai 400 001 Bandra-Kurla Complex, Bandra (East)
Scrip Code: 532937 Mumbai 400 051
Scrip ID: KUANTUM Trading Symbol: KUANTUM
Sub: Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015 (“Listing Regulations”) – Allotment of Unlisted, Unrated, Senior, Secured, Redeemable,
Non-Convertible Debentures on Private Placement Basis
Dear Sir / Madam,
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015, as
amended (“Listing Regulations”) read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-
POD2/I/3762/2026 dated 30th January, 2026 and with reference to previous intimation dated submitted in
relation to outcome of its Board of Directors (“Board”) meeting dated 12 August 2026 for issuance of non-
convertible debentures in one or more tranches, we wish to inform you that the Finance Committee
(“Committee”) of Kuantum Papers Limited (“Company” / “Issuer”), acting under delegated authority of the
Board of Directors of the Company vide resolution dated 12 August 2026, has, at its meeting held on 3
September 2026, approved the allotment of 10,000 unlisted, unrated, senior, secured, redeemable, non-
convertible debentures (“NCDs” or “Debentures”) of face value of INR 1,00,000 (Indian Rupees One Lakh only)
each, aggregating to INR 100,00,00,000 (Indian Rupees One Hundred Crores only) , on a private placement
basis, to the identified investor.
The NCDs are unlisted and are not proposed to be listed on any stock exchange. The equity shares of the
Company are listed on BSE Limited and the National Stock Exchange of India Limited, and this intimation is
furnished in compliance with Regulation 30 of the Listing Regulations.
Pursuant to the abovementioned Master Circular, the additional details required in case of issuance of
securities are set out under Annexure A to this intimation.
The Meeting commenced at 4.30 p.m. and concluded at 5.00 p.m.
Thanking you,
Yours faithfully,
For Kuantum Papers Limited
Gurinder Singh Makkar
Company Secretary and Compliance Officer
M.No.: F5124
Page 1
ANNEXURE A
Disclosures pursuant to SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with
SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30 January 2026
Sr. Particulars Disclosure
1. Type of securities allotted Unlisted, unrated, senior, secured, redeemable, non-
convertible debentures
2. Type of issuance (further public Private placement
offering, rights issue, depository
receipts (ADR/GDR), qualified
institutions placement, preferential
allotment etc.)
3. Total number of securities issued or 10,000 unlisted, unrated, senior, secured, redeemable, non-
the total amount for which the convertible debentures (“NCDs” or “Debentures”) of face
securities will be issued value of INR 1,00,000 (Indian Rupees One Lakh only) each,
(approximately) aggregating to INR 100,00,00,000 (Indian Rupees One
Hundred Crores only)
4. Size of the issue INR 100,00,00,000 (Indian Rupees One Hundred Crores Only)
comprising 10,000 NCD of face value of Rs. 100000/- each
5. Whether proposed to be listed? If yes, No. The NCDs are unlisted and are not proposed to be listed
name of the stock exchange(s) on any stock exchange.
6. Tenure of the instrument:
(a) Date of allotment (a) 3 September 2026
(b) Date of maturity (b) 2 June 2030
7. Coupon / interest offered, schedule of 12.70% per annum divided into:
payment of coupon / interest and
principal
Coupon: 9.70% per annum, payable monthly.
Redemption Premium: 3.00% (three percent) per annum
accruing monthly payable proportionately at the time of
Redemption.
For each notch downgrade from the previous rating of the
Issuer over and above the prevailing coupon as on the date of
downgrade, Coupon Rate to increase by 0.25%
8. Charge / security, if any, created over The outstanding amounts under the NCDs are secured, inter
the assets alia, by:
(a) subservient charge by way of hypothecation over the
current assets (including receivables and lien-marked
fixed deposits) and movable fixed assets, present and
future, of the Company;
(b) unconditional and irrevocable personal guarantees from
Mr. Jagesh Kumar Khaitan and Mr. Pavan Khaitan;
Page 2
Sr. Particulars Disclosure
(c) shortfall undertaking from Kapedome Enterprises
Limited, backed by its board resolution;
(d) lien-marked fixed deposit equal to 5% of the amount of
Debentures, maintained with a scheduled bank and lien-
marked in favour of the Debenture Trustee (Axis Trustee
Services Limited).
Minimum security cover: at least 1.50x (one point five zero
times) of the aggregate of Redemption Amount, accrued
Coupon, and other Outstanding Amounts in relation to the
Debentures, at all times (on the terms and conditions
mentioned under the Financing Documents) in accordance
with Applicable Law and the Financing Documents until the
Final Settlement Date
9. Special right / interest / privileges N.A.
attached to the instrument and
changes thereof
10. Delay in payment of interest / principal In case of default in payment of Coupon and/or Redemption
for a period of more than three Amount as per the Payment Mechanism (set out in the
months from the due date or default in Debenture Trust Deed), default charge of 2.00% per annum
payment of interest / principal will be payable by the Company from the date of default till
such default in payment of Coupon and/or Redemption
Amount is rectified, irrespective of whether an Event of
Default has been called in respect of such default.
11. Details of any letter or comments NIL
regarding payment / non-payment of
interest, principal on due dates or any
other matter concerning the security
and/or the assets along with its
comments thereon, if any
12. Details of redemption of preference Redeemable on maturity i.e., 2 June 2030 or early redemption
shares indicating the manner of pursuant to the terms set out under the financing documents
redemption (whether out of profits or
out of fresh issue) and debentures
13. any cancellation or termination of N.A.
proposal for issuance of securities
including reasons thereof
For Kuantum Papers Limited
Gurinder Singh Makkar
Company Secretary and Compliance Officer
M.No.: F5124
Page 3