FilingReader Intelligence

Patel Engineering raises INR 100 crore via debentures

July 25, 2025 at 05:49 AM UTCBy FilingReader AI

Patel Engineering Ltd raised INR 100 crore through non-convertible debentures via private placement.

The issue comprises 5,000 debentures worth INR 50 crore, with a green shoe option for another 5,000 debentures of equal value. Each debenture has a face value of INR 1 lakh.

The 36-month debentures carry a 10.25% coupon rate with monthly payments. Principal will be repaid in stages: 30% each after 24 and 30 months, and 40% after 36 months.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

BSE:PATELENGBombay Stock Exchange

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