PNB Housing Finance has announced the allotment of 37,500 Listed, Secured, Rated, Taxable, Redeemable Non-Convertible Debentures (NCDs) with a face value of ₹1,00,000 each. The total value of the allotment is ₹375 Crore. The allotment, approved on January 13, 2026, was conducted through private placement via the Electronic Book Provider (EBP) platform of NSE.
NCD Allotment Details
PNB Housing Finance has approved the allotment of Non-Convertible Debentures (NCDs) on January 13, 2026. The specifics of this allotment are as follows:
- Total NCDs Allotted: 37,500
- Type: Listed, Secured, Rated, Taxable, Redeemable
- Face Value per NCD: ₹1,00,000
- Total Allotment Value: ₹375 Crore
The allotment was executed via private placement using the Electronic Book Provider (EBP) platform of the National Stock Exchange (NSE).
Debenture Characteristics
The allotted debentures carry the following characteristics:
- Tenure: 5 Years
- Maturity Date: January 13, 2031
- Coupon Rate: 7.5343%
- Coupon Payment Schedule: January 13 of 2027, 2028, 2029, 2030, and 2031
- Principal Payment Date: January 13, 2031
The debentures are secured by an exclusive charge on specific book debts of the company, ensuring a minimum security coverage of 1 time.
Redemption Details
The full redemption amount is scheduled to be repaid at maturity on January 13, 2031. In case of default in payment of interest and/or redemption of the principal amount, an additional interest of 2% p.a. over and above the coupon rate will be applicable for the defaulting period.
Source: BSE
