
Loan & Debt6 Aug 2026, 07:21 pm
CHIL Allots ₹200 Cr Subordinated Debt Debentures
AI Summary
Religare Enterprises Limited's material subsidiary, Care Health Insurance Limited (CHIL), has successfully allotted 20,000 unsecured, subordinated, listed, taxable, redeemable, non-cumulative, non-convertible debentures. These debentures, in the nature of Subordinated Debt, carry a coupon rate of 10.00% per annum and have a face value of ₹1,00,000 each, aggregating to ₹200 Crore. The allotment was made for cash, at par, and in dematerialized form. The debentures are listed on the Debt Segment of the National Stock Exchange of India Limited, with effect from August 06, 2026.
Key Highlights
- Subsidiary CHIL allots ₹200 Cr in subordinated debt.
- Debentures carry a 10.00% coupon rate.
- The debt is unsecured, subordinated, and listed.
- Listing on NSE Debt Segment effective August 06, 2026.
Price Impact
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