Alpex Solar to Raise ₹1.25 Billion Through Issue of Debentures

The NCDs will carry a coupon rate of 14.75% per annum

December 19, 2025

/ Finance and M&A, Manufacturing, Modules, Solar

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Module manufacturer Alpex Solar’s board of directors has approved raising ₹1.25 billion (~$13.8 million) through the issuance of secured, redeemable, unlisted, unrated, and non-convertible debentures (NCDs).

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Melvin Mathew

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Alpex Solar to Raise ₹1.25 Billion Through Issue of Debentures

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