Loan & Debt23 Oct 2026, 01:07 pm
PNB Housing Finance Allots ₹253.65 Cr NCDs
AI Summary
PNB Housing Finance Limited announced the allotment of 25,365 Listed, Secured, Rated, Taxable, Redeemable Non-Convertible Debentures (NCDs) with a face value of ₹1,00,000 each, aggregating to ₹2,53,65,00,000 (₹253.65 Crore). The allotment was approved by the Management Committee on October 23, 2026, via private placement on the NSE's Electronic Book Provider (EBP) platform. These NCDs carry an interest rate of 8.4552% per annum and have a tenure of 5 years, maturing on October 23, 2031. The NCDs are secured by an exclusive charge on the company's book debts and will be listed on the Wholesale Debt Market (WDM) Segment of the NSE.
Key Highlights
- Allotted 25,365 NCDs worth ₹253.65 Crore.
- Interest rate is 8.4552% p.a. with a 5-year tenure.
- NCDs are secured by book debts and listed on NSE.
- Allotment made via private placement on EBP platform.
Price Impact
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