Document Title: Suryoday Small Finance Bank NCD Issuance Approval
Summary of Key Information:
Nature of Filing / Announcement: Outcome of Board Meeting - Fund Raising through Non-Convertible Debentures
Date of Board Meeting / Approval: October 22, 2026
Meeting Duration: 7:00 PM to 7:35 PM
Corporate Actions:
The Board of Directors has approved the issuance of Non-Convertible Debentures with the following terms:
- Instrument Type: Rated, Listed, Unsecured, Subordinated, Transferable, Redeemable, Fully Paid Up, Lower Tier II Non-Convertible Debentures
- Issue Size: Up to ₹100 Crores in single tranche
- Placement Method: Private placement basis
- Form: Dematerialized form
- Capital Classification: Lower Tier II Capital (in compliance with Basel II framework on Capital Adequacy)
- Listing: Proposed to be listed on BSE Limited
- Security: Unsecured (no charge/security over assets)
- Special Rights: No special rights/interest/privileges attached
Key Terms:
- Tenure: To be determined by Board of Directors (date of allotment and maturity)
- Coupon/Interest: To be determined by Board of Directors (schedule of payment)
- Default Provisions: Not applicable for delay in payment of interest/principal
- Redemption: Not applicable for preference shares
Regulatory Disclosures:
The issuance complies with:
- Regulation 30 and 51 read with Schedule III of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015
- SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023
- SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026
Company Details:
Corporate Office: 7th Floor, Seawoods Grand Central, Tower No. 1, Plot No. R-1, Sector 40, Seawoods, Navi Mumbai – 400 706