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Torrent Power informs about allotment of NCDs

05 Apr 2022 Evaluate

In continuation to letter dated May 20, 2021, Torrent Power has informed that the Company has issued and allotted Series 8 - 6000 Secured, Rated, Listed, Taxable, Non-Cumulative, Redeemable, Non-Convertible Debentures (‘NCDs’) of Rs 600 Crore at a coupon rate of 6.20% pa, 6.70% pa, 7.10% pa and 7.45% pa vide Series 8A, Series 8B, Series 8C and Series 8D respectively on private placement basis. The required details in terms of Para A of Part A of Schedule III of Regulation 30 are attached.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
NTPC 327.00
Tata Power 361.00
Adani Power 202.35
Power Grid Corpn. 263.50
Adani Energy Solut. 1350.00
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