Torrent Power Limited issues ₹3,800 Cr Series 15 Secured NCDs via private placement
Torrent Power · Power
Key highlights
- Issued 3,80,000 Secured, Rated, Listed, Taxable, Non-Cumulative, Redeemable, Non-Convertible Debentures of ₹1 Lakh each aggregating to ₹3,800 crore on June 24, 2026
- Four tranches issued: Tranche A (₹750 Cr, 3 years, 8.10% p.a.), Tranche B (₹1,000 Cr, 5 years, 8.15% p.a.), Tranche C (₹1,000 Cr, 7 years, 8.20% p.a.), Tranche D (₹1,050 Cr, 10 years, 8.20% p.a.) with first coupon due June 24, 2027
- Debentures secured by first pari passu charge on present/future movable and immovable assets except specified exclusions; penalty interest of 2% p.a. over coupon rate on defaults; provisions for coupon rate adjustment and accelerated redemption on credit rating downgrade
Why it's rated notable: amount is ₹500 crore or more
Original filing
Announcement under Regulation 30 (LODR)-Allotment
Read the filing on BSE (PDF) →Companies guiding to strong growth
Ranked by management's own guidance on revenue and margins — not by us.
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More from Torrent Power
- Order winNotable· Adverse for the businessTorrent Power: 300 MW wind PPA with SECI terminated; liquidated damages ₹39.78 crore
- Capex / expansionNotableTorrent Power commissions 322 MWp decentralized solar projects in Maharashtra
- Acquisition / mergerNotableTorrent Power announces Q1 FY27 results and completes acquisition of Nabha Power Limited
- Acquisition / mergerNotable· Adverse for the businessTorrent Power Q1 FY27 results and SEBI disclosures filed on August 3, 2026
- Acquisition / mergerNotableTorrent Power completes acquisition of Nabha Power Limited for ₹3632.35 Crore
Other other filings this fortnight
- Kesoram Industries gets Rs. 5,989.35 Lakhs arbitral award against Kesoram Textile Mills
- Sagar Cements receives no adverse observation letters for amalgamation scheme
- Kalpataru Projects International Ltd reports unaudited Q2 and H1 FY27 financial results
- Urja Global Ltd appoints new CEO and CFO, announces Q2 FY26 financial results
- Lloyds Enterprises Ltd reports unaudited financial results for Q2 FY 2026-27
- Urja Global Limited announces Q2 FY 2026-27 results and key managerial appointments
Potential multibaggers · Q2 FY27
Potential multibaggers in Power
on management's own guidance
- Strong growth2
- Strong growth1
- Adani PowerGood growth3
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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
Summary written by Arthneeti from the company's filing with the stock exchange; check the original filing for full details. Arthneeti is a research and analytics platform, not a SEBI-registered investment adviser, and nothing here is a recommendation to buy or sell.