New Delhi, 1st May 2026 – Cellecor Gadgets Limited, one of India’s fastest-growing homegrown consumer electronics brands, has announced the successful listing of its US$ 33 million Foreign Currency Convertible Bonds (FCCB) on the AFRINEX Securities List, marking a key milestone in the company’s growth and global expansion journey.
This listing reflects Cellecor’s strong growth trajectory and commitment to expanding its global footprint. It also strengthens the company’s access to international capital markets, while enhancing transparency and reinforcing investor confidence. The proceeds from the bond issuance will support the company’s long-term strategic objectives, including expanding its presence across domestic and international markets - particularly in emerging regions - through a balanced mix of organic growth initiativesand selective strategic investments. The development aligns with Cellecor’s broader strategy of building a robust financial foundation to support long-term business growth and scale.
Commenting on the development, Mr. Ravi Agarwal, Co-Founder and Managing Director, Cellecor Gadgets Limited, said, “This milestone reflects our strong growth trajectory and our commitment to expanding our global footprint. The listing will furtherenhance transparency and strengthen investor confidence, as we continue to focus on innovation, quality, and delivering long-term value to our stakeholders."
AFRINEX Limited, a pan-Africa focused international securities exchange based in Mauritius, provides a transparent and regulated platform for global issuers to access capital markets, bridging access between international investors and emerging marketopportunities.
Commenting on the listing, Mr. Thapelo Tsheole, CEO, AFRINEX Limited, said, “The listing of this USD 33 million FCCB reflects the confidence international issuers place in the Mauritius International Financial Centre and its ability to facilitatecapital flows into emerging markets with strong regulatory standards. We are pleased to work with Cellecor Gadgets Limited and look forward to its continued growth.”
With this listing, Cellecor aims to further strengthen its financial position, accelerate expansion plans, and continue delivering value across its growing portfolio of consumer electronics and appliances.
