Summary of Key Information:
Nature of Filing / Announcement: Outcome of Board Meeting regarding fundraising
Corporate Actions:
The Board of Directors approved raising funds by way of issuance of Non-Convertible Debentures up to an amount of ₹36,000 crore (Rupees Thirty Six Thousand Crore only). The issuance will be made on a private placement basis, in one or more tranches. The debentures may be in the nature of Secured, Unsecured, Subordinated, Perpetual Debt, Market Linked Redeemable Debentures, or Green Bonds. This fundraising is subject to the approval of Shareholders. Specific terms including rate of interest, tenor, and security will be determined in subsequent offer documents (letter of offer, information memorandum, offer document, General Information Document, or Key Information Document) issued by the Company.
Other Significant Information:
The communication was digitally signed by Sarita Ganesh Kamath, Chief Legal and Compliance Officer & Company Secretary. Copies were sent to IDBI Trusteeship Services Limited and Vistra ITCL (India) Limited.