Aadhar Housing Finance allots INR 200 crore in NCDs

Aadhar Housing Finance (BSE: AADHARHFC) announced the allotment of 20,000 senior, secured, rated, listed, redeemable, non-convertible debentures (NCDs) with a face value of INR 100,000 each, totaling INR 200 crore. The allotment was approved at the Management Committee meeting of the Board of Directors on April 24, 2025. These NCDs, carrying a coupon rate of 8.10% per annum, are scheduled for redemption on August 24, 2028, and will be listed on the Wholesale Debt Market Segment of BSE Limited. CARE Limited has assigned a rating of "CARE AA Stable" to the instrument, indicating a stable outlook. The proceeds are secured by a pari passu first charge on the company's standard book debts and receivables, with certain exceptions as detailed in the announcement.