StockWatch
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Other Bank
Loan & Debt9 Oct 2026, 03:27 pm

Suryoday SFB Allots ₹200 Cr Basel II Compliant NCDs

AI Summary

Suryoday Small Finance Bank Ltd has announced the allotment of 200 Subordinated, Rated, Listed, Unsecured, Transferable, Redeemable, Fully Paid-Up Non-Convertible Debentures (NCDs) on a private placement basis. These NCDs are categorized as Basel II Compliant Lower Tier II Capital and were allotted at par for an aggregate value of INR 200 Crore. The coupon rate is fixed at 10.05% per annum, payable semi-annually. The allotment date is October 09, 2026, with a maturity date of October 09, 2036. The NCDs are proposed to be listed on BSE Limited.

Key Highlights

  • Suryoday SFB allots ₹200 Crore in Non-Convertible Debentures.
  • NCDs are Basel II Compliant Lower Tier II Capital.
  • Coupon rate is 10.05% per annum, payable semi-annually.
  • Debentures have a tenure of 10 years, maturing in 2036.
  • NCDs will be listed on BSE Limited.