Gabriel India Limited’s Finance Committee has approved the allotment of 1,00,000 senior, unsecured, rated, listed, redeemable, non-convertible debentures with a face value of INR 1,00,000 each. This private placement aims to raise an aggregate principal amount of up to INR 10,00,00,00,000 (INR 10,000 crore). The debentures will be listed on the Wholesale Debt Market segment of BSE Limited, with a tenure of 36 months and an interest rate of 8.15% per annum.
Gabriel India Finalizes Major Debenture Issuance
Gabriel India Limited announced today, September 10, 2026, that its Finance Committee has approved a significant fundraising initiative. The committee greenlit the allotment of 1,00,000 non-convertible debentures (NCDs) on a private placement basis. These debentures are structured as senior, unsecured, rated, listed, and redeemable instruments, each with a face value of INR 1,00,000.
Significant Capital Raised
The aggregate principal amount for this issuance is set to reach up to INR 10,00,00,00,000, equivalent to INR 10,000 crore. This substantial capital infusion is intended to support the company’s financial strategy and growth objectives. The approved meeting commenced at 4:00 PM IST and concluded at 4:10 PM IST on the same day.
Debenture Details and Listing
The newly approved debentures will carry an interest rate of 8.15% per annum, payable annually. The tenure of these instruments is 36 months from the deemed date of allotment, with a maturity date set for September 10, 2029. These debentures will be listed on the Wholesale Debt Market segment of the BSE Limited within the statutory timelines, ensuring liquidity and market accessibility for investors.
No Special Rights Attached
According to the disclosure, these debentures do not carry any special rights, interests, or privileges beyond those typically applicable to similar listed non-convertible debentures issued in the ordinary course of business. The issuance is unsecured, meaning no specific assets are pledged as collateral.
Source: BSE
