The base size issue is Rs 500 crore, with an option to retain over-subscription up to an additional Rs 1500 crore (Green Shoe Option) aggregating up to Rs 2000 crore.

The issue is scheduled to open on 17 February 2026 and close on 04 March 2026, with an option of early closure or extension.

There are 9 series of NCDs carrying fixed coupons and having a tenure of 24 months, 36 months and 60 months with monthly, annual and cumulative interest payment options.

An effective yield (per annum) for the NCD holders in all categories of investors ranges from 8.7% to 9.0%.

The NCDs issue has been rated CRISIL AA/Stable by CRISIL Ratings and BWR AA +/ Stable by Brickwork Ratings.

The minimum application size for each application for NCDs would be Rs 10,000 across all series collectively and in multiples of Rs 1000 thereafter with allotment on first come first serve basis.

NCDs are proposed to be listed on BSE and NSE.