Capri Global Capital has initiated a global medium term note programme (GMTN Programme) with an aggregate amount not exceeding USD 1 billion. This strategic move was authorised by the Management Committee of the company during a meeting held on 25 March 2026.
The GMTN Programme will be established in accordance with Regulation S and/or Rule 144A of the U.S. Securities Act, 1933. The programme allows for the offer, issue, and allotment of foreign currency bonds, notes, debentures, or other debt securities in one or more tranches or series. The execution of these offerings is subject to market conditions and regulatory compliances, as approved by the Board of Directors.
Capri Global Capital has clarified that these securities will not be offered or sold to any investors in India. The company also noted that details regarding the terms and conditions of the issuance will be provided once they are finalised.
The Management Committee meeting, which authorised this programme, began at 3:00 p.m. and concluded at 3:45 p.m. on the same day. This development has been documented in compliance with the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and the relevant details have been filed in XBRL and uploaded on the company’s website.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).
This article is written by Business Desk and reviewed by Aman Shukla before publication.