HDB Financial Services Limited has made a disclosure pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015 regarding the allotment of secured redeemable non-convertible debentures.
Instrument Details
The issuance consists of two distinct tranches:
Tranche 1:
- Quantity: 30,000 NCDs
- Aggregate value: ₹300,00,00,000 (₹300 crore)
- Tenure: 1822 days
- Date of allotment: June 08, 2026
- Date of maturity: June 04, 2031
- Coupon: 8.2845% (XIRR 8.2787%)
- Payment schedule: Annual coupon payments on June 08, 2027; June 08, 2028; June 08, 2029; June 08, 2030; with principal redemption on June 08, 2031
Tranche 2:
- Quantity: 20,500 NCDs
- Aggregate value: ₹205,00,00,000 (₹205 crore)
- Tenure: 1061 days
- Date of allotment: June 08, 2026
- Date of maturity: May 04, 2029
- Coupon: 7.7545% (XIRR 8.2300%)
- Payment schedule: Annual coupon payments on April 22, 2027; April 22, 2028; April 22, 2029; with principal redemption on May 04, 2029
Security Features
Both tranches are secured by a first and exclusive charge by way of hypothecation over present and future receivables of the issuer. The company must maintain a minimum asset cover of 1 time the principal outstanding and interest accrued but not paid throughout the tenure of the NCDs.
Listing Status
The debentures are proposed to be listed on the Wholesale Debt Market Segment of BSE Limited.
Committee Details
The Debenture Allotment Committee meeting commenced at 12:40 p.m. and concluded at 01:00 p.m. on June 08, 2026.