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DLF LIMITED — Capital/Financing Update 2020
Mar 19, 2020
60851_rns_2020-03-19_a4058471-611a-4827-8cc6-91256cee0062.pdf
Capital/Financing Update
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DLF Gateway Tower, R Block, DLF City Phase – III, Gurugram – 122 002, Haryana (India) Tel. : (+91-124) 4396000
DLF Limited
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March 19, 2020
| The General Manager Dept. of Corporate Services BSE Limited P.J. Tower, Dalal Street, Mumbai – 400 001 |
The Vice-President National Stock Exchange of India Limited Exchange Plaza, Bandra Kurla Complex, Bandra(E),Mumbai – 400 051 |
|---|---|
Sub: Allotment of NCDs.
Dear Sir,
In furtherance to our letter dated 7[th] March, 2020 and pursuant to the provisions of Regulation 30(2) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with Para A of Part A of Schedule III of the Regulations, we hereby inform that the Non-Convertible Debentures Allotment Committee in its meeting held today i.e. 19[th] March, 2020, has allotted 10,000 Senior, Secured, Rated, Listed, Redeemable, Non-Convertible Debentures of the face value of Rs.10.00 lakh each at par as per the following details:
etails: |
|
|---|---|
| Size of the issue | Rs.1,000 crore |
| Whether proposed to be listed | Yes, BSE Limited |
| Tenure of the instrument | Series A–3 years; Series B–3 years. |
| Date of Allotment & Date of maturity | 19-03-2020 & 17.03.2023 for both Series |
| Coupon/Interest rate | Series A – 9.25% p.a. payable annually (Equivalent of 8.88% p.a. p.m.); Series B – 9.50% p.a. payable annually (Equivalent of 9.11% p.a. p.m.). |
| Schedule of payment of interest | Annually on March 19, 2021; March 21, 2022; and March 17, 2023. |
| Schedule of payment of principal | Bullet at the end of tenor |
| Charge/Security | As per Information Memorandum |
| Special rights | NA |
| Delay in payment of interest | NIL |
| Details of any letter regarding payment of interest |
NA |
| Details of redemption of debentures | 17.03.2023 |
The meeting of the Non-Convertible Debentures Allotment Committee commenced at 12.30 P.M. and concluded at 1.25 P.M.
This is for your kind information and record please.
Thanking you, Yours faithfully, For DLF Limited
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Subhash Setia
Company Secretary
For Stock Exchange’s clarifications, please contact :- 1. Mr. Subhash Setia - 09873718989/[email protected] 2. Mr. Raju Paul - 09999333687/[email protected]
Regd. Office: DLF Shopping Mall, 3[rd] Floor, Arjun Marg, DLF City, Phase-I, Gurgaon-122 002, India CIN: L70101HR1963PLC002484; Website: www.dlf.in