Afcons Infrastructure has announced the allotment of 5,000 Rated, Unsecured, Listed, Redeemable Non-Convertible Debentures (NCDs) on a private placement basis on October 14, 2025. Each debenture has a face value of ₹1,00,000, aggregating to ₹50 Crores. The debentures offer an interest rate of 8.40% p.a. and will mature on October 13, 2028.
NCD Allotment Details
Afcons Infrastructure has allotted 5,000 Rated, Unsecured, Listed, Redeemable Non-Convertible Debentures (NCDs) on October 14, 2025, through private placement. The face value is ₹1,00,000 per debenture, totaling ₹50 Crores.
Key Terms of the NCDs
The NCDs have a tenure of 3 years and offer a coupon/interest rate of 8.40% p.a.. The maturity date for these debentures is set for October 13, 2028. Interest payments are scheduled for October 14, 2026, October 14, 2027, and October 13, 2028. The principal amount is redeemable on October 13, 2028.
Security and Credit Rating
These NCDs are unsecured, meaning they do not have any charge or security created over the assets of the company. The credit rating for these debentures is Crisil AA-; outlook -Stable.
Source: BSE
