The Debenture Allotment Committee of the Company, at its meeting held on November 4, 2026, allotted 3,00,000 NCDs at a face value of ₹1,00,000 each, aggregating to ₹3,002.6837 crore (including premium).
Key Details of Allotment:
- Size of Issue: ₹3,002.6837 crore
- Listing: Proposed to be listed on the Wholesale Debt Market Segment of BSE Limited
- Tenure: 3,653 days (approximately 10 years)
- Date of Allotment: November 4, 2026
- Date of Maturity: November 4, 2036
- Coupon Rate: 8.68% per annum
- Coupon Payment Frequency: Annually and on maturity
Payment Schedule:
- 1st interest payment: November 4, 2027
- 2nd interest payment: November 4, 2028
- 3rd interest payment: November 4, 2029
- 4th interest payment: November 4, 2030
- 5th interest payment: November 4, 2031
- 6th interest payment: November 4, 2032
- 7th interest payment: November 4, 2033
- 8th interest payment: November 4, 2034
- 9th interest payment: November 4, 2035
- 10th interest payment & principal repayment: November 4, 2036
Security Details:
The debentures are secured by a first pari-passu charge on book debts/loan receivables. The security cover shall be equivalent to 1.00 time the aggregate outstanding value of debentures issued under the General Information Document dated June 30, 2026.
Additional Information:
- No special rights/privileges attached to the instrument
- No history of delay in payment of interest/principal beyond three months
- No comments regarding payment/non-payment from authorities
- Redeemable on maturity
The meeting of the Debenture Allotment Committee commenced at 1:30 PM and concluded at 1:50 PM on November 4, 2026.