Key Quantitative Figures and Details
Series 1 - PFL NCD SERIES ZCB G1 FY 2026-27 (INE511C07AF0):
- Number of NCDs allotted: 91,300
- Face value per NCD: ₹1,00,000
- Total issue size: ₹913,00,00,000 (Nine Hundred and Thirteen Crore)
- Tenure: 1,461 days (4 years)
- Coupon: Zero Coupon
- Date of allotment: October 29, 2026
- Date of maturity: Tuesday, October 29, 2030
Series 2 - PFL NCD SERIES G2 FY 2026-27 (INE511C07AG8):
- Number of NCDs allotted: 40,500
- Face value per NCD: ₹1,00,000
- Total issue size: ₹405,00,00,000 (Four Hundred and Five Crore)
- Tenure: 1,096 days (3 years)
- Coupon: 9.00% p.a.
- Date of allotment: October 29, 2026
- Date of maturity: Monday, October 29, 2029
Parties Involved and Approval
- The allotment was approved by the Finance Committee of the company via resolution dated October 29, 2026.
- The Finance Committee was authorized by the Board of Directors of the Company.
- The Debentures will be listed on the Debt Market Segment of BSE Limited.
Security Details
The obligations under the Debentures are secured by way of a first ranking pari passu charge on the Hypothecated Properties, which is stated to be sufficient to provide the required Security Cover.
Payment Terms
- The schedule of payment of coupon/interest and principal is to be referred to in the "Illustration of Cash Flows" in the Key Information Document dated October 28, 2026.
- In case of delay in payment of interest/principal for more than three months from the due date, the company shall pay an additional coupon at a rate of 2% over the applicable coupon rate for the delay period.