Runwal Enterprises Subscribes To Subsidaiaries' NCDs Worth ₹225 Crore; Shares Rise 3.72%

Mumbai, October 9: Runwal Enterprises Limited has entered into agreements to subscribe to non-convertible debentures worth a combined ₹225 crore issued by its wholly owned subsidiary Runwal Residency Private Limited and step-down subsidiary Evie Real Estate Private Limited, with the proceeds intended to repay secured loans.

Runwal Enterprises Enters ₹225 Crore NCD Agreements

According to the exchange filing, Runwal Enterprises subscribed to NCDs worth ₹175 crore issued by Runwal Residency Private Limited (RRPL) and ₹50 crore issued by Evie Real Estate Private Limited (EREPL) on October 8, 2026.

RRPL will issue 17,50,000 NCDs with a face value of ₹1,000 each, while EREPL will issue 5,00,000 NCDs of the same face value. Both issuances carry an annual interest rate of 10.50% and a tenure of 10 years, without any special terms or conditions stated in the disclosure.

Stock Market Snapshot

The Runwal Enterprises share price stood at ₹273.00 as of 9:16:24 AM IST on October 9, 2026, according to the market data.

The stock was up ₹9.80, or 3.72%, at the time. Shares moved higher in early trading, reaching ₹273 after opening around ₹267.

The movement came as the company disclosed the NCD subscription agreements involving its subsidiaries.

Funds To Be Used For Secured Loan Repayment

The stated purpose of both agreements is repayment of secured loans availed by the respective entities. Runwal Enterprises holds 100% of RRPL, while its disclosed shareholding in EREPL is 0%, reflecting its step-down subsidiary structure.

The company has classified both transactions as related-party transactions and stated that they are conducted at arm’s length. The filing also confirms that Runwal Enterprises is the holding company of RRPL and the ultimate holding company of EREPL.

Conclusion

The ₹225 crore subscription across the two NCD issuances is intended to support loan repayment at Runwal Enterprises’ subsidiary level. The agreements carry a 10.50% annual interest rate and a 10-year tenure.

The company disclosed the transactions under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. Shares were up 3.72% at ₹273.00 as of 9:16:24 AM IST on October 9, 2026.

Source:

• https://www.nseindia.com/get-quote/equity/RUNWALENTR/Runwal-Enterprises-Limited
• https://nsearchives.nseindia.com/corporate/RUNWAL1978_08102026221250_Reg30NCDagreementsubsidiary.pdf