Suryoday Small Finance Bank543279NCD issuance
Board approves raising up to Rs. 100 crore via Lower Tier II non-convertible debentures
Board of Directors met on October 22, 2026, from 07:00 p.m. to 07:35 p.m.
By ScoutQuest · · 2 min read
- Issue Size
- up to Rs. 100 Crores
- Instrument
- Rated, Listed, Unsecured, Subordinated, Transferable, Redeemable, Fully Paid Up, Lower Tier II Non-Convertible Debentures
- Listing
- Proposed to be listed on BSE Limited
Board meeting outcome
- The Board of Directors of the Bank met on October 22, 2026, from 07:00 p.m. to 07:35 p.m.
- Among the items considered, the Board approved raising capital through Non-Convertible Debentures.
What was approved
- Issuance of up to Rs. 100 Crores in a single tranche of Rated, Listed, Unsecured, Subordinated, Transferable, Redeemable, Fully Paid Up, Lower Tier II Non-Convertible Debentures.
- Issued in a single series, on a private placement basis, in dematerialised form.
- To be categorised as Lower Tier II Capital in compliance with the Basel II framework on Capital Adequacy.
Instrument features
- Type of security: Lower Tier II Non-Convertible Debentures (Tier II Bonds).
- Charge or security over assets: unsecured, so no charge is created over the assets for this issuance.
- Listing: the debentures are proposed to be listed on BSE Limited.
- Tenure, date of allotment, date of maturity, coupon or interest offered and the payment schedule: as approved by the Board.
- Special rights, interest or privileges attached to the instrument: none.
- Amount stated for the proposed issue: up to Rs. 100 Crore.
What these terms mean for a retail reader
- A debenture is a bond, that is, money borrowed by the Bank from investors, which it has to repay.
- Non-convertible means the instrument does not convert into equity shares.
- Subordinated means these claims rank below those of depositors and other senior creditors when it comes to repayment.
- Lower Tier II capital is a layer of a bank's capital base that regulators count when measuring capital adequacy, that is, the cushion a bank holds against its loans and other risks.
- Private placement means the debentures are placed with select investors rather than offered to the general public.
What the disclosure covers
- The update sets out the instrument's features as required for such an issuance, including that there are no special rights attached, that no charge is created as the issue is unsecured, and that the debentures are proposed to be listed on BSE Limited.
Also from Suryoday Small Finance Bank
Board meeting on 22 October 2026 to consider raising funds via Non-Convertible Debentures (Tier II Bonds)
17 Oct 2026
RBI accords approval for variable pay FY 2025-26 and fixed remuneration FY 2026-27 for MD & CEO, Whole-time Director
15 Oct 2026
Suryoday Small Finance Bank to host Q2 & H1FY27 earnings call with analysts on October 30, 2026
14 Oct 2026
More numbers
- Issue size of Lower Tier II Non-Convertible DebenturesUp to Rs. 100 Crores
- Total amount for which securities proposed to be issuedUp to Rs. 100 Crore
Source: BSE · 23 Oct 2026
Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.