Pilani Investment allotted 50,000 unsecured NCDs of ₹1,00,000 each aggregating ₹500 crore via private placement on 25th March 2026.
NCDs carry a coupon rate of 8.11% p.a., rated AA+ (Stable) by both CARE and CRISIL, maturing on 24th April 2029.
The debentures will be listed on the Wholesale Debt Market segment of BSE Limited with annual coupon payments starting April 24, 2026.