The Debenture Allotment Committee of the Company approved the allotment at its meeting held on 21 October 2026, which commenced at 11:45 hrs and concluded at 12:15 hrs.
Key Details of Allotment:
- Number of NCDs Allotted: 2,12,000
- Face Value per NCD: ₹1,00,000 (₹1 Lakh)
- Total Issue Size: ₹2,120 crore
- Date of Allotment: 21 October 2026
- Tenure: 1,826 Days
- Date of Maturity: 21 October 2031
- Coupon/Interest: Zero Coupon
Listing and Security Details:
- The Debentures are proposed to be listed on the Wholesale Debt Market Segment of BSE Limited.
- The repayment of principal, payment of interest (though zero coupon), Trustees' remuneration, and all other monies will be secured by a first pari-passu charge on the company's book debts/loan receivables.
- The security cover shall not be less than 1.00 time the aggregate outstanding value of debentures to be issued under the Shelf Placement Memorandum (General information document).
Payment Schedule:
- Coupon/Interest: Not applicable (Zero Coupon NCDs)
- Principal: Payable in full on maturity (21 October 2031)
Additional Information:
- There are no special rights/interest/privileges attached to the instrument.
- There is no history of delay in payment of interest/principal or default.
- There are no outstanding letters or comments regarding payment/non-payment.
- The debentures are redeemable on maturity.
The disclosure was signed by R. Vijay, Company Secretary, on 21 October 2026 at 12:16:31 IST.