Hindustan Zinc has approved the allotment of unsecured, redeemable, rated, and listed non-convertible debentures. This includes 42,000 debentures with a face value of INR 1,00,000 each, aggregating up to INR 420 Crore, and 98,000 debentures with a face value of INR 1,00,000 each, aggregating up to INR 980 Crore. The cumulative principal amount of these debentures shall not exceed ₹ 1400 Crore. The approval was granted on February 02, 2026.
Debenture Allotment Details
Hindustan Zinc has officially announced the allotment of non-convertible debentures, as approved by the Committee of Directors on February 02, 2026.
Specifics of the Allotment
The allotment includes:
- 42,000 unsecured, redeemable, rated, listed non-convertible debentures having a face value of INR 1,00,000 each, aggregating up to INR 420 Crore (“STRPP1”).
- 98,000 unsecured, redeemable, rated, listed non-convertible debentures having a face value of INR 1,00,000 each, aggregating up to INR 980 Crore (“STRPP2”).
The cumulative principal amount of both STRPP1 and STRPP2 (“STRPPS”) shall not exceed ₹ 1400 Crore.
Approval Timeline
The approval for the aforementioned allotment was officially accorded at 12:50 PM IST on February 02, 2026.
Source: BSE