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
02-May-2024 21:06:32
Status
New
Announcement Sub Title
Intimation for allotment of Non-Convertible Debentures (NCDs)
Announcement Reference
SG240502OTHRNIIL
Submitted By (Co./ Ind. Name)
Shumaila Sernobat
Designation
Company Secretary and Compliance Officer
Effective Date and Time of the event
02/05/2024 17:00:00
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 May 02, 2024, have approved the allotment of 60,000 Redeemable, Listed, Secured, Taxable and Rated Non-Convertible Debentures under the first tranche NCDs aggregating to Rs. 600 crores, on private placement basis, on the terms and conditions as mentioned in the Placement Memorandum - Key Information Document dated April 26, 2024 read with the Placement Memorandum General Information Document dated April 24, 2024.

The NCDs carry a coupon rate of 7.89 percent p.a., payable quarterly and will be listed on the debt market segment of National Stock Exchange of India Limited.

Please take the above on record.

Attachments

SDIL_Intimation for allotment of NCD_SCG_Signed.pdf
Total size =622K