The fund would be raised through secured redeemable non-convertible debentures. The issue will open for subscription on June 15 and close the same day. The object of the issue is to augment the long-term resources of the company. The debentures would carry a coupon rate of 8.46% per annum.

HDFC to raise Rs 1,000 Cr from debentures to fund business growth

Leave a Reply

Your email address will not be published. Required fields are marked *