Emerald Leisures secures INR1.05bn in private credit
LC Luminere Credit Fund and affiliated entities financed the Club Emerald operator through secured non-convertible debentures.
Lighthouse Canton announced the closure of an INR1.05 billion private-credit investment in Emerald Leisures on August 5, 2026. The financing came through LC Luminere Credit Fund and affiliated entities.
The facility uses secured non-convertible debentures and is backed by operating cash flows, collateral, escrow arrangements, promoter support and identified liquidity events. That structure ties the financing to the established hospitality business behind Mumbai’s Club Emerald. The recipient is BSE-listed, while this transaction supplies capital through a privately arranged debt facility.
Use of funds
Support long-term business growth