Deccan Cements Allots ₹1030 Cr CCDs and ₹557 Cr NCDs
Deccan Cements Limited announced the allotment of 14,40,559 unlisted, unrated, unsecured compulsorily convertible debentures (CCDs) with a face value of INR 715 each, aggregating to INR 102,99,99,685. Additionally, the company allotted 15,000 unlisted, unrated, secured, senior, redeemable, non-convertible debentures (Series A NCDs) with a face value of INR 1,00,000 each, aggregating to INR 150,00,00,000, and 40,700 unlisted, unrated, secured, junior, redeemable, non-convertible debentures (Series B NCDs) with a face value of INR 1,00,000 each, aggregating to INR 407,00,00,000. This allotment follows previous disclosures made on May 14, 2026, and is in line with SEBI regulations. The board meeting where these decisions were made commenced at 17:45 IST and concluded at 18:15 IST on June 25, 2026.
Key Highlights
- Allotment of 14,40,559 CCDs worth ₹1029.99 Cr.
- Allotment of 15,000 Series A NCDs worth ₹150 Cr.
- Allotment of 40,700 Series B NCDs worth ₹407 Cr.
- Debentures are unlisted, unrated, and unsecured/secured.
- Disclosure is a continuation of prior filings under SEBI LODR.
Price Impact
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