SBFC Finance Limited — QIP/Rights/Pref., 04-02-2025: Allotment of Securities

SBFC Finance Limited has announced the allotment of 40,000 redeemable, senior, secured, non-convertible debentures (NCDs) with a face value of ₹1,00,000 each, totaling ₹400 Crore, through private placement. These debentures are set for a maturity period of five years, maturing on February 4, 2030, with an initial coupon rate of 9.00% per annum, reset annually. The issuance is backed by a charge on the company's hypothecated assets and is proposed to be listed on BSE Limited.