Anupam Rasayan Secures ₹300 Crore Debt with Subsidiary Stake Pledges

Anupam Rasayan has taken steps to secure ₹300 crore in debt by pledging its subsidiary stakes, including 100% of Mates Visa Consultancy Private Limited (MVCPL) and a 15% stake in Purebliss Pharma Solutions Private Limited. This move allows MVCPL to issue up to ₹300 crore worth of senior secured unrated unlisted redeemable non-convertible debentures via private placement.

The company will execute specific transaction documents, including a deed of pledge creating a first-ranking charge over 100% of the equity shares of MVCPL held by Anupam Rasayan, and an unconditional corporate guarantee covering all amounts payable under the Mates Debenture Trust Deed. Additionally, Purebliss Pharma Solutions Private Limited has been granted a call option to purchase all securities of MVCPL held by Anupam Rasayan on a fully diluted basis.