Investment23 Feb 2026, 12:40 pm
HDB Financial Services Ltd Allots Secured Redeemable NCDs Worth Rs. 8,61,88,20,535.80 on Private Placement Basis
AI Summary
HDB Financial Services Ltd has allotted 81,000 NCDs of face value of Rs. 1,00,000/- each, amounting to Rs. 8,61,88,20,535.80/- on private placement basis. The Debentures are proposed to be listed on the Wholesale Debt Market Segment of BSE Limited. The tenure of the instrument is 1136 days, starting from February 23, 2026, and maturing on April 04, 2029. The coupon/interest offered is 7.5519% (XIRR 7.50%), payable annually along with the principal on maturity and specific dates. The issuer has created a first and exclusive charge by way of hypothecation over its assets and future receivables for the security of the NCDs.
Key Highlights
- HDB Financial Services Ltd allots 81,000 NCDs worth Rs. 8,61,88,20,535.80 on private placement basis.
- NCDs to be listed on Wholesale Debt Market Segment of BSE Limited.
- Tenure of the instrument is 1136 days, starting from February 23, 2026, and maturing on April 04, 2029.
- Coupon/interest offered is 7.5519% (XIRR 7.50%).
- First and exclusive charge by way of hypothecation over assets and future receivables of the Issuer.