Approval and Allotment Details

  • Approving Authority: Finance Committee, authorized by the Board of Directors
  • Resolution Date: August 21, 2026
  • Instrument Type: 15,000 unsecured, redeemable, rated, listed, subordinated, non-convertible debentures constituting Tier II Capital
  • Face Value: ₹1,00,000 each
  • Total Issue Size: ₹150,00,00,000 (One Hundred Fifty Crore)
  • Aggregate Amount Received: ₹153,54,32,550 (One Hundred Fifty-Three Crore Fifty-Four Lakh Thirty-Two Thousand Five Hundred Fifty)
  • Breakdown of Amount Received:
  • Accrued Interest: ₹4,12,30,050 (Four Crore Twelve Lakh Thirty Thousand Fifty)
  • Discount Amount: ₹57,97,500 (Fifty-Seven Lakh Ninety-Seven Thousand Five Hundred)
  • Series Designation: PFL NCD Series 'SDA1' FY2026-27 Re-issuance-II

Instrument Characteristics

  • Listing Status: To be listed on BSE Limited's Debt Market Segment
  • Tenure: 3,534 days for this re-issuance (Original issuance tenure: 3,653 days/10 years)
  • Allotment Date: August 21, 2026
  • Maturity Date: April 24, 2036
  • Coupon Rate: 8.4308% per annum
  • Security: Unsecured (subordinated debentures Tier II)

Payment Terms and Conditions

  • Payment schedule for coupon/interest and principal detailed in the Key Information Document dated August 20, 2026
  • Default Interest: In case of delay in payment of interest/principal beyond three months, company will pay additional 2% over applicable coupon rate until default is cured
  • Redemption Details: As specified in points 3 & 5 of the annexure (maturity date and payment schedule)
  • Special Rights: As specified under the Key Information Document

Additional Information

  • No comments regarding payment/non-payment of interest or principal
  • No redemption of debentures reported in this disclosure
  • The disclosure is signed by Shabnum Zaman, Company Secretary (ACS-13918)