StockWatch
·
Housing Finance Company
Loan & Debt18 Jun 2026, 03:33 pm

Aadhar Housing Finance Allots ₹250 Cr NCDs

AI Summary

Aadhar Housing Finance Ltd has successfully allotted 25,000 Senior, Secured, Rated, Listed, Redeemable, Non-Convertible Debentures (NCDs) aggregating to ₹250 crore. The allotment was made on a private placement basis following a meeting of the Management Committee of the Board of Directors on June 18, 2026. The NCDs have a tenor of 3 years, 1 month, and 16 days, with a redemption date of August 3, 2029. The coupon rate will be determined based on the average 3-month T-bill rate plus a spread. ICRA has assigned a rating of 'ICRA AA Positive' to the instrument. The debentures are proposed to be listed on the Wholesale Debt Market Segment of BSE Limited.

Key Highlights

  • Company allotted ₹250 crore worth of NCDs via private placement.
  • NCDs are senior, secured, rated, listed, and redeemable.
  • Tenor is over 3 years, with redemption in August 2029.
  • Instrument carries an 'ICRA AA Positive' rating.
  • NCDs will be listed on BSE's Wholesale Debt Market Segment.