Narayana Hrudayalaya allots INR 500 crore in non-convertible debentures

Narayana Hrudayalaya announced the allotment of 50,000 NCDs, each with a face value of ₹1,00,000, aggregating to ₹500 crore. The NCDs are unsecured, listed, and redeemable. Allotment occurred on February 17, 2025, with a maturity date of February 15, 2030. The coupon rate is set at 8.40% per annum (annualized). The company plans to list the NCDs on the Wholesale Debt Market segment of BSE Limited. The announcement details early repayment, put, and call options exercisable after a certain period. The NCDs will be redeemed after four years, eleven months, and 29 days from the date of allotment.