Krsnaa Diagnostics Ltd. Allots Non-Convertible Debentures Worth INR 4,300 Crore to Asian Development Bank

Krsnaa Diagnostics Ltd. has approved the allotment of 43,000 Unlisted, Secured, Unrated, Redeemable, transferable, Interest bearing Non-Convertible Debentures of face value of INR 1,00,000 each, aggregating to INR 4,300,00,00,000 on a private placement basis to Asian Development Bank. The debentures have a tenure of 7 years from the date of allotment, with a coupon/interest offered of 7.790% p.a. The interest and principal would be payable on a half yearly basis, starting from 6 months from the allotment date.