PNB Housing Finance Limited has announced the allotment of 50,000 Listed, Secured, Rated, Taxable, Redeemable Non-Convertible Debentures (NCDs) with a face value of ₹1,00,000 each, aggregating to ₹500 Crore. The allotment was approved by the Management Committee, as authorized by the Board of Directors, on July 09, 2026, through private placement via the Electronic Book Provider (EBP) platform of NSE. The NCDs have a tenure of 3 Years and 29 Days, with a coupon/interest rate of 7.83% per annum. The principal amount is set to mature on August 07, 2029. Interest payments are scheduled for August 07 of 2026, 2027, 2028, and 2029, with the final principal repayment on August 07, 2029. The NCDs will be listed on the Wholesale Debt Market (WDM) Segment of the National Stock Exchange of India Ltd. (NSE). An exclusive charge on specific book debts of the Company with a minimum security coverage of 1 time has been created over the assets. In case of default in payment of interest or principal, an additional interest of 2% per annum over the coupon rate will be payable for the defaulting period. There are no special rights or privileges attached to these Debentures.
