This is a regulatory disclosure submitted to the BSE Limited and the National Stock Exchange of India Limited, pursuant to Regulations 30 and 51 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Key Decision
The COD approved the issuance of Unsecured, Rated, Listed, Redeemable, Non-Convertible Debentures (NCDs) on a private placement basis.
Key Quantitative Figures and Terms
- Total Issue Size: Up to ₹3,500 Crores.
- Instrument Details: Up to 350,000 NCDs.
- Face Value per NCD: ₹100,000.
- Security Type: Unsecured.
- Issuance Type: Private Placement.
- Listing: The NCDs will be listed on BSE Limited.
Specifics to be Defined
The following specific terms of the NCD issuance are not detailed in this disclosure and will be provided in a subsequent Disclosure Document:
- Tenure (Date of allotment and date of maturity).
- Coupon/Interest rate and its payment schedule.
- Schedule for principal repayment.
- Details of redemption.
- Any special rights, interests, or privileges attached to the instrument.
Current Status
The disclosure confirms that as of the date of this filing, there is no delay of more than three months in payment of interest/principal or any default concerning the security.
Meeting Details
The meeting of the Committee of Directors commenced at 11:35 A.M. IST and concluded at 11:55 A.M. IST on September 18, 2026.