Emerald Leasing Finance and Investment Company Limited at its board meeting, held on October 18, 2022, approved the issuance of upto 70 (Seventy) Secured Unlisted Unrated Redeemable Non-Convertible Debentures (SRNCDs) having face value of INR 100,000/- (Rupees One Lakh Only) each aggregating to INR 7,000,000/- (Seventy Lacs only) on private placement basis.