PNB Housing Finance Limited (PNBHOUSING) announced the allotment of 37,500 Listed, Secured, Rated, Taxable, Redeemable Non-Convertible Debentures (NCDs) with a face value of ₹1,00,000 each, aggregating to ₹375 Crore. The allotment was approved by the Management Committee for allotment of Non-Convertible Debentures, as authorized by the Board of Directors, on January 13, 2026. The NCDs have a tenure of 5 years, with a coupon/interest rate of 7.5343% per annum. The principal will be repaid in full at maturity on January 13, 2031. Interest payments are scheduled for January 13, 2027, January 13, 2028, January 15, 2029, January 14, 2030, and January 13, 2031. The allotment was made through private placement via the Electronic Book Provider (EBP) platform of NSE and will be listed on the Wholesale Debt Market (WDM) Segment of the National Stock Exchange of India Ltd. (NSE). The NCDs are secured by an exclusive charge on specific book debts of the Company with a minimum security coverage of 1 time. In case of default in payment of interest or principal on the due dates, an additional interest of 2% per annum will be payable for the defaulting period.
