General Announcement::Intimation for allotment of Non-Convertible Debentures (NCDs)

Issuer & Securities

Issuer/ Manager
SUMMIT DIGITEL INFRASTRUCTURE LIMITED
Securities
SUMMITDGUS$500M2.875%N310812A - US86608CAA62 - OBWB
SUMMITDGUS$500M2.875%N310812R - USY8190DAA55 - UELB
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
31-Oct-2024 00:50:44
Status
New
Announcement Sub Title
Intimation for allotment of Non-Convertible Debentures (NCDs)
Announcement Reference
SG241031OTHRXI1S
Submitted By (Co./ Ind. Name)
Shumaila Sernobat
Designation
Company Secretary and Compliance Officer
Effective Date and Time of the event
30/10/2024 15:00:00
Description (Please provide a detailed description of the event in the box below)
We hereby inform that the Board of Directors of the Company on October 30, 2024, have approved the allotment of 1,00,000 Redeemable, Listed, Secured, Taxable and Rated Non-Convertible Debentures under the first tranche NCDs aggregating to Rs. 1000 crores, on private placement basis, on the terms and conditions as mentioned in the Placement Memorandum - Key Information Document dated October 25, 2024 read with the Placement Memorandum General Information Document dated April 24, 2024.
The NCDs carry a coupon rate of 7.58% p.a., payable quarterly and will be listed on the debt market segment of National Stock Exchange of India Limited.

Attachments

SDIL Intimation for allotment of NCDs 1000_SGX.pdf
Total size =1157K