Key Transaction Details
- Type of Security: Secured, Listed, Rated, Redeemable, Taxable, Non-Convertible Debentures 2026-27 Series 12 Tranche 2
- Issue Type: Private placement
- Number of Securities: 20,000 securities of ₹1,00,000 each
- Total Issue Size: ₹200 crores (including Green Shoe Option up to ₹100 crores)
- Listing: Yes, on BSE Limited
- Tenure: 1178 days
- Deemed Date of Allotment: September 28, 2026
- Date of Maturity: December 19, 2029
Financial Terms
- Coupon Rate: 8.15% per annum
- Coupon Payment Schedule:
- First coupon payment: December 19, 2026
- Second coupon payment: December 20, 2027 (adjusted due to holiday/Sunday on December 19, 2027)
- Third coupon payment: December 19, 2028
- Final coupon payment: December 19, 2029
- Principal Repayment: December 19, 2029
Default Provisions
In case of default in payment of coupon and/or redemption amounts, or failure in performance of any other terms, additional interest of 2% per annum over and above the coupon rate will be payable for the period during which the default continues until rectification.
Additional Information
- No special rights/privileges attached to the instrument
- No history of payment delays or defaults (no events of non-payment of interest/principal)
- No redemption of preference shares or debentures relevant to this issuance
- No cancellation or termination of the securities issuance proposal