PNB Housing Finance raises ₹300 crore via NCDs

PNB Housing Finance Limited announced the allotment of 30,000 listed, secured, rated, taxable, redeemable non-convertible debentures (NCDs) today, September 26, 2025. Each debenture has a face value of ₹1,00,000, totaling ₹300 crore. This private placement was executed through the EBP Platform of NSE.

The NCDs carry an interest rate of 7.43% and have a tenure of 3 years and 27 days, maturing on October 23, 2028. Interest payments are scheduled for October 23, 2025, October 23, 2026, October 25, 2027, and October 23, 2028, with the principal redeemed in full at maturity.

These debentures will be listed on the Wholesale Debt Market (WDM) Segment of the National Stock Exchange of India Ltd. The company has created an exclusive charge on specific book debts with a minimum security coverage of one time to secure the NCDs.