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Ashok Leyland’s committee allotted Rs 300 crore in debentures maturing August 10, 2028
10-Aug-2026, 08:30
Ashok Leyland Limited announced that its Fund Raising Committee has allotted 30,000 unsecured, listed, rated, redeemable, non-cumulative, non-convertible debentures (“NCDs”) with a face value of Rs 1,00,000 each for a total amount of Rs 300 crore. The NCDs, which carry a fixed coupon rate of 7.50% per annum, will be listed on the Wholesale Debt Market segment of the National Stock Exchange of India Limited and mature on August 10, 2028.
Ashok Leyland Limited announced that its Fund Raising Committee has allotted 30,000 unsecured, listed, rated, redeemable, non-cumulative, non-convertible debentures (“NCDs”) with a face value of Rs 1,00,000 each for a total amount of Rs 300 crore. The NCDs, which carry a fixed coupon rate of 7.50% per annum, will be listed on the Wholesale Debt Market segment of the National Stock Exchange of India Limited and mature on August 10, 2028.