R Systems International Announces INR 2.75 Billion Non-Convertible Debenture Issuance
R Systems International's board has approved the issuance of non-convertible debentures (NCDs) with a face value of INR 100,000 each. The aggregate principal amount for this private placement is up to INR 2,750,000,000. These NCDs will be listed on BSE Limited.
The issuance, which includes private placement to eligible investors, is detailed in "Annexure A." Specifics regarding coupon/interest offered, schedule of payment, special rights, and redemption will be provided in the key information document. The debentures are unsecured, and delays in interest/principal payments are not applicable.
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