The Board of Directors of Aptus Value Housing Finance has approved the allotment of 10,000 Secured, Redeemable, Rated, Listed Non-Convertible Debentures (NCDs) amounting to ₹100 Crore. These NCDs, each with a face value of ₹1,00,000, will be issued through a private placement basis. The instruments carry an annual coupon rate of 7.85% and have a tenor of 5 years, maturing on February 12, 2031.
Board Approves Private Placement of NCDs
The Resourcing & Business Committee of the Board of Directors formally approved the allotment of new debt instruments on February 12, 2026. The total issue size aggregates to ₹1,00,00,00,000 (Rupees One Hundred Crores only), consisting of 10,000 Secured, Redeemable, Rated, Listed Non-Convertible Debentures (NCDs).
Key Terms of the Debt Issuance
The NCDs are being issued on a private placement basis and are intended to be listed on the BSE Limited. The key financial terms detailed in Annexure I are as follows:
- Type of Security: Non-Convertible Debentures
- Total Securities: 10,000 units
- Face Value per Unit: INR 1,00,000 (Indian Rupees One lakh)
- Coupon/Interest Offered: 7.85% per annum
- Tenor: 5 years
- Allotment Date: February 12, 2026
- Maturity Date: February 12, 2031
- Interest Payment Schedule: Monthly, with principal repayment occurring in equal quarterly redemptions after an initial 12-month moratorium period.
Security Cover
The instruments are secured by a First and exclusive charge over book debts / receivables, both present and future. This security is subject to existing charge holders, ensuring a minimum security cover of 110% of the outstanding principal amounts and interest due.
The Company confirmed that all formalities pertaining to the listing of this allotment are currently underway.
Source: BSE
