Key Quantitative Figures

  • Number of NCDs allotted: 25,365
  • Face value per NCD: ₹1,00,000
  • Total issue size: ₹253,65,00,000 (Two Hundred Fifty-Three Crore and Sixty-Five Lakhs)
  • Coupon rate: 8.4552% per annum

Dates of Action

  • Allotment date: October 23, 2026
  • Maturity date: October 23, 2031
  • Interest payment dates: October 23, 2027; October 23, 2028; October 23, 2029; October 23, 2030; October 23, 2031

Parties Involved

  • Issuer: PNB Housing Finance Limited
  • Stock exchange: National Stock Exchange of India Ltd. (NSE)
  • Platform: Electronic Book Provider (EBP) platform of NSE

Instrument Details

  • Type: Listed, Secured, Rated, Taxable, Redeemable Non-Convertible Debentures
  • Tenure: 5 years
  • Series: 8.4552% PNB Housing Finance Limited 2031 Series LXXIX
  • Listing: Wholesale Debt Market (WDM) Segment of NSE

Security Details

  • Security: Exclusive charge on specific book debts of the Company
  • Minimum security coverage: 1 time

Special Terms

  • No special rights/privileges attached to the Debentures
  • Default interest: Additional 2% p.a. over coupon rate payable for defaulting period in case of delayed payment beyond 3 months
  • Redemption: Full repayment at maturity on October 23, 2031

Approval Authority

  • Approved by: Management Committee for allotment of NCDs
  • Authorization: Board of Directors of the Company

Method of Issuance

  • Private placement to eligible investors
  • Through Electronic Book Provider (EBP) platform of NSE