HDB Financial Services Limited has made a disclosure pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 regarding the allotment of Secured Redeemable Non-Convertible Debentures (NCDs).
Key Quantitative Figures
- Number of NCDs allotted: 1,00,000
- Face value per NCD: ₹1,00,000
- Total issue size: ₹10,00,00,00,000/- (₹1,000 crore)
- Coupon rate: 7.8998%
- Tenure: 1068 days
Instrument Details
- Security: First and exclusive charge by way of hypothecation over present and future receivables of the Issuer
- Asset cover requirement: Minimum 1 time of the principal outstanding and interest accrued but not paid, to be maintained throughout the tenure
- Redemption: Redeemable on maturity at Par
- Listing: Proposed to be listed on the Wholesale Debt Market Segment of BSE Limited
Committee Approval
The allotment was approved by the Debenture Allotment Committee of the Company at its meeting held on July 02, 2026.
Additional Information
- No special rights/privileges attached to the instrument
- No delay in payment of interest/principal defaults
- No comments regarding payment/non-payment issues