Intimation Under The Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations, 2015

In accordance with the relevant provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform you that the Board of Directors of the Company will, inter-alia, proposes to issue Unsecured Redeemable Non-Convertible Subordinated Debentures, on private placement basis, at its meeting scheduled to be held on May 2, 2018, on the terms and conditions as mentioned below:

1. Issue Size: Rs. 100 crores
2. Mode of Issue: Private Placement
3. Issue Opening Date: 2nd May 2018
4. Issue Closing Date: 2nd May 2018
5. Deemed Date of Allotment: 2nd May 2018
6. Listing: National Stock Exchange of India Limited (NSE) and BSE Limited
7. Tenor: 10 Years
8. Coupon: In the range of 8.80% p.a. (Payable Annually and at Maturity)
9. Secured / Unsecured: Unsecured
10. Rating of the Instrument: CARE AAA by CARE Ratings and CRISIL AAA by CRISIL

Pdf Link: Intimation Under The Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations, 2015

Source : BSE - www.bseindia.com

Published on April 25, 2018
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