PNB Housing Finance Limited has informed the Exchange regarding allotment of 30500 NCDs on February 27, 2026.
PNBHOUSING · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
PNB Housing Finance has allotted 30,500 listed, secured, rated, taxable, redeemable Non-Convertible Debentures (NCDs) of face value Rs. 1,00,000 each, totalling Rs. 305 Crore. The NCDs carry a coupon of 7.59% per annum with a 5-year tenure, maturing on February 27, 2031. The allotment was made on February 27, 2026 through private placement on NSE's Electronic Book Provider (EBP) platform. The NCDs will be listed on the Wholesale Debt Market (WDM) segment of NSE and are secured by an exclusive charge on specific book debts of the company with a minimum 1x security coverage. Interest will be paid annually, with the first payment on March 1, 2027. A default penalty of an additional 2% per annum applies over the coupon rate in case of delayed payments.
This is a routine debt-raising exercise that adds Rs. 305 Crore to the company's borrowings at a competitive 7.59% rate. No equity dilution since these are NCDs, and the issue is secured against book debts. Minimal impact expected on the stock price, though it signals continued growth-related funding activity.