Northern Arc Emerging Corporates Bond Trust
Northern Arc Emerging Corporates Bond Trust is a dedicated 2022 performing-credit vehicle managed by Northern Arc Investment Managers. Its stated mandate is to finance emerging companies through corporate bonds and NCDs, with a ₹1,000 crore target and three-year tenor. Public company and regulatory filings identify Refex Renewables and Spectrum Renewable Energy, now Reflex CBG Kolhapur, in the vehicle-linked secured debt structure; broader Northern Arc platform exposures are excluded.
At a glance
- Founded
- 2022
- Footprint
- Chennai
- Stage
- Performing corporate credit; senior secured NCDs; emerging-company finance
Research profile
Read the manager in sequence.
Open a section to inspect the evidence. The first view starts with the investment point of view; the rest stays quiet until you need it.
Investment lens
Northern Arc Emerging Corporates Bond Trust uses a performing corporate credit; senior secured ncds; emerging-company finance approach across New-age companies, renewable energy, corporate finance.
Current evidence
Refex Renewables’ August 2026 filing records full redemption of 105 NCDs worth ₹10.50 crore that had been allotted to Northern Arc Emerging Corporates Bond Trust. A January 2026 regulatory disclosure also identifies Spectrum Renewable Energy Private Limited as issuer of a separate ₹4.50 crore debt instrument in the same secured structure benefiting the fund’s debenture trustee.
Strategy
Performing corporate credit; senior secured NCDs; emerging-company finance
Sector focus
New-age companies, renewable energy, corporate finance
Current signal
Refex Renewables’ August 2026 filing records full redemption of 105 NCDs worth ₹10.50 crore that had been allotted to Northern Arc Emerging Corporates Bond Trust. A January 2026 regulatory disclosure also identifies Spectrum Renewable Energy Private Limited as issuer of a separate ₹4.50 crore debt instrument in the same secured structure benefiting the fund’s debenture trustee.
Next step
Need this manager reviewed against your mandate?
Share the allocation question, ticket size, liquidity constraints and existing exposure. Rupeia can determine whether this profile needs a deeper decision-support brief.