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DLF Cyber City Developers allots NCDs aggregating Rs 1150 cr

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Capital Market
Last Updated : Nov 29 2022 | 2:50 PM IST

On private placement basis

DLF announced that its material subsidiary, DLF Cyber City Developers has approved allotment of 11,500 Senior, Listed, Rated, Secured, transferable, redeemable Non-Convertible Debentures (NCDs) of the face value of Rs 10,00,000/- each at a coupon rate of 7.90 % p.a. (inclusive of fees) payable on annual basis, with an aggregate principal amount of Rs 1,150 crore on private placement basis, to eligible investor(s).

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First Published: Nov 29 2022 | 2:31 PM IST

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