Hindustan Petroleum issues INR 2,500 cr debentures via private placement

Hindustan Petroleum Corporation (HINDPETRO) has issued unsecured, redeemable, non-convertible, non-cumulative, taxable debentures totaling INR 2500 Crores through a private placement on April 29, 2025. The debentures, with a face value and issue price of INR 1,00,000 each, carry a coupon rate of 6.73% p.a. and will mature on April 29, 2030. The company intends to use the proceeds to refinance existing borrowings and fund capital expenditure. The debentures will be listed on both the BSE Limited and the National Stock Exchange of India Limited. This issuance complies with SEBI regulations.