This is to augment its long-term capital resources. The bonds in the form of secured redeemable non- convertible debentures will carry a coupon rate of 8.5% per annum. HDFC shares were trading 1.78% down at Rs 1,220.45 on BSE during the afternoon session.

HDFC to raise Rs 1,035 Cr through issuance of debentures on a private placement basis

Leave a Reply

Your email address will not be published.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