Aadhar Housing Finance Limited has made a regulatory disclosure pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 regarding the allotment of Non-Convertible Debentures (NCDs).
Key Quantitative Figures
- Number of NCDs allotted: 25,000
- Face value per NCD: ₹1,00,000 (Indian Rupees One lakh)
- Total issue size: ₹250 crore (Indian Rupees Two hundred fifty crore)
Transaction Details
- Issue type: Private Placement
- Tenor: 3 years 1 month and 16 days
- Deemed Date of Allotment: June 18, 2026
- Redemption Date: August 3, 2029
- Meeting timing: Commenced at 03:00 p.m. and concluded at 03:10 p.m.
Coupon Rate Structure
The initial coupon rate will be simple average of 3M T-bill rate of 5 days from June 8 to June 12, 2026 plus spread. The benchmark shall be arrived as simple average of the 3 month T-Bill's closing yields for previous 5 working days prior to the coupon reset date (rounded off to nearest two decimals).
Payment Schedule
Interest Payment Dates:
- August 3, 2026
- August 3, 2027
- August 3, 2028
- August 3, 2029
Principal Payment Date:
- August 3, 2029
Rating and Security
- Rating: ICRA Limited has assigned rating of "ICRA AA Positive (Double A; Outlook: Positive)"
- Security: Pari Passu first charge by way of (present & future) hypothecation on all the standard book debts / outstanding moneys / receivables except for those book debts and receivables charged / to be charged in favour of National Housing Bank for refinance availed / to be availed from them, and current assets & investments except for those current asset & Investments eligible for high quality liquid assets (HQLA) as per RBI guidelines.
Additional Terms
- Special rights/privileges: Not Applicable
- Delay in payment terms: Not Applicable
- Payment/non-payment comments: Not Applicable
- Redemption details: Redeemable on maturity