Aptus Value Housing Finance India Limited — QIP/Rights/Pref., 30-12-2024: Allotment of Securities

Aptus Value Housing Finance India Ltd. has announced the allotment of 25,000 Secured, Redeemable, Rated, Listed Non-Convertible Debentures (NCDs) at an issue price of ₹1,00,000 each, totaling ₹250 crore (Cr). This private placement has a tenor of five years, with a maturity date set for December 30, 2029. The NCDs will carry an interest rate of 8.75%, paid monthly, and will be backed by a first and exclusive charge over the company’s receivables, ensuring a security cover of 110% of the outstanding amounts.