Board of Directors approved fundraising through eligible debt securities on June 3, 2025
Shareholders approved all resolutions including borrowing/raising funds through debt securities at the 21st Annual General Meeting held on August 21, 2025
Capital Raising Committee approved MTN Programme on August 12, 2026
Fundraising Details
Total approved limit: ₹8,500 Crores (Rupees Eight Thousand and Five Hundred Crores Only)
Instruments include: non-convertible debentures, MTN (Medium Term Notes), bonds (including Tier I/Tier II capital bonds), long-term infrastructure bonds, convertible debentures, convertible preference shares, foreign currency convertible/exchangeable bonds
Securities may be issued from offshore branches and/or IBU at GIFT City IFSC
Issuance may occur in one or more tranches and/or series
Placement basis: private placement in domestic and/or overseas markets
Subject to RBI regulations and other regulatory authorities' requirements
Committee Approval
Capital Raising Committee of the Board of Directors approved establishment of Medium Term Note Programme (MTN Programme)
Committee approved subsequent issuance of medium term notes under the MTN Programme from time to time
Issuance to be in accordance with Regulation S of the U.S. Securities Act of 1933, as amended
Committee approved issuance of offering circular in relation to the MTN Programme
Committee acted pursuant to powers delegated by the Board of Directors
