Hindustan Petroleum Corporation Limited — QIP/Rights/Pref., 29-04-2025: Issue of Securities

Hindustan Petroleum Corporation Limited is issuing unsecured, redeemable, non-convertible debentures through a private placement, aiming to raise ₹2,500 Crores. Each debenture has a face value of ₹1,00,000 and is priced at par. Proceeds will be used for refinancing existing borrowings and funding capital expenditures, including recouping prior expenditures. The tenure extends until April 29, 2030, with an annual coupon of 6.73%. These debentures will be listed on BSE Limited and the National Stock Exchange of India.