Kalpataru Projects International Limited announced that the Executive Committee of the Board of Directors of the Company at its meeting held June 21, 2023, has approved the issuance of Unsecured, Rated, Listed, Redeemable, Non-Convertible Debentures of INR 3,000 million on private placement basis. Deemed date of allotment is June 26, 2023. Final redemption (100%) is June 29, 2026.

Coupon/interest offered: 8.07% per annum. 1st Coupon payment is 28th June, 2024. 2nd Coupon payment is 27th June, 2025.

3rd Coupon payment is 29th June, 2026. Principal repayment is 29th June, 2026.