HEG Limited has allotted 4,00,00,000 unlisted, unsecured optionally convertible debentures (OCDs) to TACC Limited, a 100% subsidiary, for ₹400,00,00,000. This follows HEG’s remittance of the same amount to TACC towards the subscription of these debentures. The allotment was finalized on January 9, 2026, at an issue price of INR 100 per debenture, through a private placement.
Debenture Allotment Details
HEG Limited has officially allotted 4,00,00,000 (Four Crores) unlisted, unsecured optionally convertible debentures (“OCDs”) to TACC Limited (“TACC”), its wholly-owned subsidiary. The announcement was made on January 9, 2026.
Financial Details
The face value of each debenture is INR 100 (Indian Rupees One Hundred Only), making the total allotment value INR 400,00,00,000 (Indian Rupees Four Hundred Crores). This allotment follows an earlier remittance of INR 400,00,00,000 by HEG to TACC for the subscription of these debentures.
Transaction Context
The debentures were allotted at an issue price of INR 100 per debenture and were fully paid-up. This transaction was completed on a private placement basis. HEG had initially entered into a Debenture Subscription Agreement with TACC Limited.
Source: BSE
