HDB Financial Services Raises INR1.50 Billion Through Debenture Allotment

MT Newswires Live
Sep 01, 2025

HDB Financial Services (NSE:HDBFS, BOM:544429) has raised 1.50 billion Indian rupees through the allotment of non-convertible debentures on a private placement basis, according to a Monday filing to the Indian stock exchanges.

The company allotted 15,000 non-convertible debentures of a face value of 100,000 rupees each at a coupon rate of 7.24%.

The debentures are proposed to be listed on the wholesale debt market segment of BSE and are scheduled to mature on Oct. 4, 2028.

The company's shares were up nearly 1% in recent trade.

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