Maple Infrastructure Trust Allots ₹700 Cr NCDs
Maple Infrastructure Trust, through its Investment Manager Maple Infra InvIT Investment Manager Private Limited, has approved the allotment of Non-Convertible Debentures (NCDs) on a private placement basis. The issuance comprises 70,000 senior, secured, rated, listed, transferable, taxable, redeemable NCDs, each with a face value of INR 1,00,000/-, aggregating to a total issue size of INR 700 Crore. The NCDs carry a coupon rate of 7.4890% per annum, payable quarterly, and have a tenor of 14 years, 7 months, and 3 days. The credit rating for these NCDs is [ICRA] AAA (Stable). The allotment was approved by the InvIT Committee via circulation on August 28, 2026, and the NCDs are expected to be listed on BSE Limited within statutory timelines. This move is in continuation of previous intimations and aligns with SEBI regulations for Infrastructure Investment Trusts and Non-Convertible Securities.
Key Highlights
- Maple Infrastructure Trust issues ₹700 Crore in Non-Convertible Debentures.
- NCDs are senior, secured, rated, and listed with a coupon of 7.4890%.
- The issuance is on a private placement basis to eligible investors.
- Credit rating stands at [ICRA] AAA (Stable) with a tenor of over 14 years.
- NCDs will be listed on BSE Limited post-allotment.
Price Impact
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