Ashiana Housing Limited has informed the Exchange regarding allotment of Rated, Un-secured, Redeemable, Non-Convertible Debentures amounting to INR 100 Crores (10,000 NCDs having Face Value INR 1,00,000) at its meeting held on July 11, 2025.
ASHIANA · price
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Ashiana Housing has allotted 10,000 Rated, Un-Secured, Redeemable, Non-Convertible Debentures on a private placement basis, raising INR 100 Crores in total. The debentures, each with a face value of INR 1,00,000, were allotted exclusively to International Finance Corporation (IFC), a global development finance institution. The NCDs carry an interest rate of 7% (subject to reset), have a long 20-year tenor, and pay interest quarterly. The NCDs will be listed on BSE.
This is a positive development for shareholders — the company has secured long-term, low-cost funding of INR 100 Crores from a reputed global institution, which strengthens its balance sheet and signals institutional confidence. The 20-year tenor means low near-term repayment pressure, supporting growth plans in housing.