TARC Limited — QIP/Rights/Pref., 07-04-2025: Allotment of Securities

TARC Limited has announced the allotment of 40,900 non-convertible debentures (NCDs) on a private placement basis, raising a total of ₹409 Crore. Each debenture has a face value of ₹1,00,000. The allotment occurred on April 7, 2025, with a maturity date set for March 31, 2030. The NCDs carry a 6% annual interest rate, with scheduled payments due on March 31 for the years 2026 through 2030. This issuance is secured per the Debenture Trust Deed and will be listed on BSE Limited.