| Listing of new debt securities of HDB Financial Services Limited |
Trading Members of the Exchange are hereby informed that with effect from Friday, August 24, 2018, the under mentioned new securities issued by HDB Financial Services Limited on private placement basis shall be listed and admitted to dealings on the Exchange in the list of F GROUP - DEBT INSTRUMENTS
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1) Securities Description
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Unsecured Non- Convertible Perpetual Debt instrument in the nature of Debentures (PDIs) Series 2018 P/1/1 issued on private placement basis of Rs.10,00,000/- each fully paid up.
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Quantity
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2000
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Market Lot
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1
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Scrip Code
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958172
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Scrip ID on the Bolt System
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940HDB99
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Detail Name on the Bolt System
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HDB-9.40%-PERPETUAL-PVT
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ISIN Number
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INE756I08157
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Credit Rating
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CRISIL AAA/Stable, CARE AAA/Stable
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Face Value
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Rs.10,00,000/-
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Paid up Value
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Rs.10,00,000/-
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Rate of Interest
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9.40% p.a. (Shall be increased by 100 bps on exercise of step-up Optional after expiry of initial 10 years)
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Date(s) of Payment of Interest
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YEARLY (On August 6 every year until call option is Exercised)
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Actual/Deemed Date of allotment
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06/08/2018
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Date of Redemption
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PERPETUAL (Unless call option is exercised any time after 10 years from the Deemed Date of Allotment)
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Put / Call option
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Call Option:
Call Option Exercise Date :
Call option shall be exercised by Issuer only after prior approval of RBI.
A date falling on the day immediately succeeding the expiry of a period of 10 (Ten) Years from the Deemed Date of Allotment and any day thereafter, unless such a day is not a Non Business Day, in which case the Call Option Exercise Date will be the preceding Business Day.
Coupon shall be payable on actual day count basis till the date of exercise of such Call Option.
Call Notification Date:
Any redemption of the PDIs on account of exercise of Call Option shall be subject to the Issuer giving not less than Fifteen (15) calendar days prior notice to the Trustee.
Upon issuance of the notice, the Issuer shall compulsorily redeem the PDIs (or part thereof) identified in the notice on the relevant Call Option Date by making payment to the relevant PDI Holders, the outstanding principal amount in respect of the PDIs (or part thereof as identified in the notice) and accrued coupon in relation thereto.
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The trading members may also note as under:
a) The aforesaid securities of the company will be traded only in dematerialized form under the ISIN Number as mentioned above.
b) The trading shall take place in standard denomination of Rs.10 Lakhs
c) The tick size for the securities is 1 paise
The Registrar and Transfer Agent is:
M/s. Link Intime (India) Private limited
C 101, 247 Park, L B S Marg,
Vikhroli West, Mumbai 400 08
In case the trading members require any clarification they may please contact Ms. Rupal Khandelwal on 22728352/8550/8995.
Bhushan Mokashi
Additional General Manager
August 23, 2018 |