DLF Subsidiary DCCDL Allots ₹1,000 Crore NCDs at 6.98% Coupon Rate
DLF Cyber City Developers Limited ('DCCDL'), a material subsidiary of DLF Limited and a High Value Debt Listed Entity, has approved the allotment of 1,00,000 senior, rated, listed, secured, redeemable...
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Why is DLF Limited in the news today?
DLF Limited (DLF) is in the news due to the allotment of ncds indicates successful fundraising by the subsidiary, which is positive for the company's financial operations and growth prospects.
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DLF Subsidiary DCCDL Allots ₹1,000 Crore NCDs at 6.98% Coupon Rate
December 17, 2025, 12:47 PM
DLF Cyber City Developers Limited ('DCCDL'), a material subsidiary of DLF Limited and a High Value Debt Listed Entity, has approved the allotment of 1,00,000 senior, rated, listed, secured, redeemable, transferable, rupee denominated Non-Convertible Debentures (NCDs).
These NCDs have a face value of ₹1,00,000 each, a tenure of 4 years and 6 months from the allotment date, and carry a coupon rate of 6.98% per annum (equivalent to 6.77% per annum paid monthly). The aggregate principal amount for this allotment is ₹1,000 crore, raised on a private placement basis to eligible investors.
DCCDL has already made the requisite disclosure regarding this allotment to BSE Limited, where its NCDs are listed. DLF Limited received this intimation from DCCDL on 17th December 2025 at 13:25 Hrs.
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