Investment24 Feb 2026, 02:13 pm
HCL Infosystems Ltd Allots 5,50,000 Non-Convertible Debentures Worth Rs. 55 Crore to HCL Capital Private Limited
AI Summary
HCL Infosystems Limited has allotted 5,50,000 Unlisted, unsecured non-convertible debentures of the face value of Rs. 1000 each to HCL Capital Private Limited under the second tranche through private placement on 24.02.2026. The total value of the debentures is Rs. 55,00,00,000 (Rupees fifty-five Crore only). The non-convertible debentures have a tenure of 10 years from the date of allotment, i.e. 23.02.2036, with a coupon/interest of 0.001% and quarterly coupon/interest payments.
Key Highlights
- HCL Infosystems allotted 5,50,000 Unlisted, unsecured non-convertible debentures worth Rs. 55,00,00,000 to HCL Capital Private Limited.
- The debentures have a tenure of 10 years from the date of allotment.
- The coupon/interest offered is 0.001% with quarterly coupon/interest payments.
- The debentures are unsecured, with no charge or security.
- The redemption of debentures will be out of profits or fresh issue.