HDB Financial Services Ltd

💰 HDB Financial Services Issues ₹3 Billion NCDs with 7.75% Coupon Rate

• Issued 30,000 secured redeemable non-convertible debentures (NCDs) on April 22, 2026

• Total issue size: ₹3,00,00,00,000 (3 billion rupees)

• Each NCD has a face value of ₹1,00,000

• Tenure: 1108 days, maturing on May 4, 2029

• Coupon interest rate: 7.7545% (XIRR 7.7470%)

• Interest payments scheduled on April 22, 2027, April 22, 2028, and April 22, 2029

• Principal repayment due at maturity

• Secured by first and exclusive charge on present and future receivables

• Minimum asset cover: 1 time

• Proposed listing on Wholesale Debt Market Segment of BSE Limited

• ISIN: INE756I07FM3

• No special rights, delays, defaults, or redemption issues reported