Emkay Global Financial Services Limited has announced the allotment of 4,420 Senior, Unsecured, Listed, Rated Transferable, Redeemable, Non-Convertible Debentures (NCDs). Each NCD has a face value of ₹1,00,000, with an aggregate value of ₹44.20 crore (442,000,000). These NCDs are denominated in Indian Rupees and have a tenure of 2 years from the date of allotment, with maturity subject to applicable law. The allotment was approved by the Management Committee during its meeting held on December 18, 2025, and was made on a private placement basis to eligible investors. The purpose of this debt issuance is to raise funds for the company's general corporate purposes and working capital requirements. The NCDs are intended to be listed on the WDM segment of BSE Limited.