India Shelter Finance allots 1.5 bn rupees in non-convertible debentures

India Shelter Finance Corporation Limited has approved the allotment of 15,000 rated, listed, secured, redeemable, Indian rupee-denominated Non-Convertible Debentures (NCDs) through a private placement. Each NCD has a face value of 1,00,000 rupees, totaling an aggregate value of 1,50,00,00,000 rupees. The NCDs carry a fixed interest rate of 7.85% per annum, with interest payable quarterly.

The Asset Liability Management Committee of India Shelter Finance accorded its approval for this allotment on November 27, 2025. The debentures have a tenure of 60 months from the deemed date of allotment, with the maturity date set for November 26, 2030. These NCDs will be listed on the Bombay Stock Exchange (BSE).

The NCDs are secured by a first and exclusive hypothecation charge on standard receivables, maintaining a minimum asset cover of 1.10 times. This private placement is in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and other relevant circulars.