Additionally, paste this code immediately after the opening tag:

Products for our investors

Our Company was promoted by Late Dr. N. Mahalingam and incorporated as “The Pollachi Credit Society Private Limited” on March 30, 1955 under the Indian Companies Act, 1913. Our Company was later converted into a public limited company and name of our Company was changed to Sakthi Finance Limited on July 27, 1967 and a fresh Certificate of Incorporation was obtained from Registrar of Companies, Madras. Our Company came out with its first public issue of equity shares.

DISCLAIMER – IMPORTANT

NOTE: THE ELECTRONIC VERSION OF THE NCD PROSPECTUS (“PROSPECTUS”) YOU ARE SEEKING TO ACCESS IS BEING MADE AVAILABLE ON THIS WEBSITE BY US, SAKTHI FINANCE LIMITED, AND FOR INFORMATION PURPOSES ONLY. THE PROSPECTUS HAS BEEN MADE AVAILABLE ON THIS WEBSITE IN ELECTRONIC FORM SOLELY TO COMPLY WITH THE REQUIREMENTS OF SEBI (ISSUE AND LISTING OF DEBT SECURITIES) REGULATIONS, 2008, AS AMENDED (“SEBI DEBT REGULATIONS”). YOU ARE ADVISED TO READ THIS DISCLAIMER CAREFULLY BEFORE READING, ACCESSING OR MAKING ANY OTHER USE OF THE PROSPECTUS. BY ACCESSING THE PROSPECTUS, YOU AGREE TO FOLLOW THE FOLLOWING TERMS AND CONDITIONS, INCLUDING ANY MODIFICATIONS TO THEM FROM TIME TO TIME.

Please read this notice carefully. It applies to all persons who view this site. Please note that the disclaimer set out below may be altered or updated. You should read it in full each time you visit the site.

Neither we, nor our affiliates represent that the contents of the Prospectus herein are accurate or complete. The information contained herein not been updated since its original publication date and may not reflect the latest updates.

You may not and are not authorized to (1) deliver the Prospectus to any other person or (2) reproduce such Prospectus in any manner whatsoever. Any distribution or reproduction of Prospectus in whole or in part is unauthorized. Failure to comply with this directive may result in a violation of the SEBI Debt Regulations or other applicable laws of India and other jurisdictions.

The information in this section is directed at, and is intended for distribution to, and use by, residents of India only. Residents of countries other than India are not authorized to view or use the information in this section. Viewing this information may not be lawful in certain jurisdictions. In other jurisdictions, only certain categories of person may be allowed to view this information. Any person who wishes to view this site must first satisfy themselves that they are not subject to any local requirements which prohibit or restrict them from doing so.

These materials are not directed at or accessible by following persons:

  • Minors without a guardian name*
    • Foreign nationals, NRI, inter alia, including any NRIs who are (i) based in the USA, and/or, (ii) domiciled in the USA, and/or, (iii) residents/citizens of the USA, and/or, (iv) subject to any taxation laws of the USA;
  • Persons resident outside India and other foreign entities
  • Foreign Institutional Investors
  • Qualified Foreign Investors
  • Foreign Portfolio Investors
  • Foreign Venture Capital Investors
  • Non-resident Incorporated Entities (formerly Overseas Corporate Bodies); and
  • Persons ineligible to contract under applicable statutory/regulatory requirements.

*Applicant shall ensure that guardian is competent to contract under Indian Contract Act 1872

If you are not permitted to view materials on this website or are in any doubt as to whether you are permitted to view these materials, please exit this web page.

You are reminded that documents transmitted in electronic form may be altered or changed during the process of transmission and consequently none of the Company or any of its or our affiliates accept any liability or responsibility whatsoever in respect of alterations or changes which have taken place during the course of transmission of electronic data. We and Dalmia Securities Private Limited, (“Lead Manager”) will not be responsible for any loss or damage that could result from interception and interpretation by any third parties of any information being made available to you through this web site.

The materials placed herein are not a solicitation of any bid from you. Nothing contained herein shall constitute and/or deem to constitute an offer and/or an invitation to an offer to subscribe to the securities referred therein.

Any person seeking access to this portion of the Company’s website represents and warrants to the Company that they are doing so for information purposes only. Making press announcements and other documents available in electronic format does not constitute an offer to sell or the solicitation of an offer to buy securities in SAKTH FINANCE LIMITED. Further, it does not constitute a recommendation by the Company or the Lead Managers or any other party to sell or buy securities in SAKTH FINANCE LIMITED.

Confirmation of understanding and acceptance of disclaimer.

I have read and understood the disclaimer set out above. I understand that it may affect my rights.
I agree to be bound by its terms. I confirm that I am permitted to proceed to electronic versions of these materials. I confirm that I do not fall under any of the categories below:

  • Minors without a guardian name*
    • Foreign nationals, NRI, inter alia, including any NRIs who are (i) based in the USA, and/or, (ii) domiciled in the USA, and/or, (iii) residents/citizens of the USA, and/or, (iv) subject to any taxation laws of the USA;
  • Persons resident outside India and other foreign entities
  • Foreign Institutional Investors
  • Qualified Foreign Investors
  • Foreign Portfolio Investors
  • Foreign Venture Capital Investors
  • Non-resident Incorporated Entities (formerly Overseas Corporate Bodies); and
  • Persons ineligible to contract under applicable statutory/regulatory requirements.
Non-Convertible Debentures (NCDs) are secured financial instruments which cannot be
converted into equity or preference shares and have fixed period and rate of interest.

Features of HNI NCDs


Higher rate of interest

  • – Fully secured debt instrument backed by company assets.
  • – Higher rate means higher post-tax returns to debenture holder.

Details of HNI NCDs

  • – The product has two schemes: (a) Fixed income (b) Cumulative income
  • – Maximum of 3 joint applicants in debenture application.
  • – Minimum debenture amount is Rs.25.00 Lakhs and maximum is Rs.1.00 Crore.
  • – Deposit term – 15 months, 24 months and 36 months
  • – Rate of interest is mentioned in the following table:
Investments

Minimum Amount (₹) Tenure

Interest Rates

Fixed Income
options
Cumulative Scheme
Interest Rate (%)
Monthly
/quarterly payout
Interest
Rates (%)
Yield
(%)
Amount
payable
on maturity
HNI NCDs 25 lakhs
15
24
36
9.5
9.75
10.0
9.5
9.75
10.0
9.5
9.75
10.0
9.96
10.62
11.50
28,11,315
30,31,180
33,62,222
  • – Interest payout – monthly or quarterly
  • – Categories of investors permissible – individuals, partnership firms, Companies,
    Trusts, Associations and HUFs.
  • – Debenture amount can be paid by way of cheque or NEFT fvg Sakthi Finance Ltd.
    Cash is not accepted.
  • – Applicant/s to submit application form duly filled in along with photo and
  • – self-attested copies of ID and address proof. Copy of self-attested PAN card
  • applicants will also have to be submitted.
  • – On maturity, amount will be refunded by way
  • of Cheque or NEFT direct into
    bank account upon submission of duly discharged debenture certificate

  • – TDS as per IT rules
  • – NCD cannot be pre-closed but can be transferred to others.
  • – Transferable to third party with company’s support – processing charges apply.

Private Placements

This NCD issue is being made strictly on a private placement basis. It is not and should
not be deemed to constitute an offer to the public in general. It cannot be accepted by
any person other than to whom it has been specifically addressed.

The product has two schemes: (a) Fixed Income (b) Cumulative Income

  • – Maximum of 3 joint applicants in fixed deposit application
  • – Minimum deposit amount Rs.10,000/-, higher in multiples of Rs. 1000/-
  • – Deposit term – 15 months, 24 months and 36 months
  • – Rate of interest is mentioned in the following table:
Investments
options
Minimum
Amount
Tenure Interest
Rates (%)

Fixed Income Cumulative Scheme
Interest Rate (%)
Monthly
/quarterly payout
Interest
Rates (%)
Yield
(%)
Amount
payable
on maturity
Deposites Normal 10,000
15
24
36
8.25
8.50
8.50
8.25
8.50
8.50
8.25
8.50
8.50
8.25
8.50
8.50
11,075
11,832
12,870
Senior Citizens 10,000
15
24
36
8.75
9.00
9.00
8.75
9.00
9.00
8.75
9.00
9.00
8.75
9.00
9.00
11,075
11,832
12,870

Interest payout – Monthly or Quarterly

  • – Categories of investors permissible – Individuals, Partnership firms, Companies,
    Trusts, Associations and HUFs.
  • – Deposit amount can be paid by way of Cheque or NEFT fvg Sakthi Finance Ltd.
    Cash is not accepted.
  • – Applicant/s to submit application form duly filled in along with photo
    and self-attested copies of ID and address proof.
  • – Copy of self-attested PAN card of applicants will also have to be submitted.
  • – On maturity, amount will be refunded by way of Cheque or NEFT direct into bank
    account upon submission of duly discharged deposit certificate.
  • – TDS as per IT Rules.
  • – Deposit cannot be pre-closed before expiry of 3 months.
  • – Premature payment after 3 months but before 6 months, no interest will be given.
  • – Premature payment after 6 months but before date of maturity – interest payable
    will be reduced as per RBI directives.

Subordinated bond is a financial instrument which has a fixed rate of interest and fixed period.
The product details are as follows:

Investment
Option
Minimum
Amount (INR)
Tenure
(Months)
Fixed
Interest
Rate (%)
Cumulative
Yield (%)

Subordinated
Bond
50,000 61 10

12.83

Private Placement : This bond issue is being made strictly on a private placement basis. It is not and should not be deemed to constitute an offer to the public in general. It cannot be accepted by any person other than to whom it has been specifically addressed.