Cellecor Gadgets Limited Successfully Closes USD 33 Million FCCB Issue

Apr 25, 2026 - 12:17

Cellecor Gadgets Limited Successfully Closes USD 33 Million FCCB Issue

Cellecor Gadgets Limited successfully closed its USD 33 million FCCB issue on April 24, 2026, achieving full subscription. The unsecured foreign currency convertible bonds carried a 2% coupon rate and were issued at a 12% discount, representing approximately INR 300 crores. The issue opened on April 22, 2026, following board approval on April 14, 2026.

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