CESC allots debt securities worth INR 25bn

CESC (BSE: CESC) announced today the allotment of 25,000 secured, unlisted, redeemable, rated non-convertible debentures to Axis Bank. The decision was made at a Committee of the Board of Directors meeting on April 11, 2025. The debentures have a face value of INR 100,000 each, aggregating to INR 25,000,000,000. The debentures were issued on a private placement basis. Axis Bank's Registered Office is located at "Trishul" - 3rd Floor Opp. Samartheswar temple, Near Law Garden, Ellisbridge, Ahmedabad - 380006.