India Shelter Finance Corporation Limited announced that its Asset Liability Management Committee has approved the allotment of 7,500 non-convertible debentures (NCDs) on a private placement basis to identified investors. The NCDs have a face value of Rs 100,000 each, aggregating to Rs 75 crore, and carry a fixed interest rate of 8.10% p.a. payable quarterly. The debentures will be listed on the Bombay Stock Exchange and mature on July 30, 2031.