Suryoday Small Finance Bank allots 200 NCDs aggregating INR 200 Crore as Lower Tier II Capital

Suryoday Small Finance Bank has allotted 200 unsecured, redeemable Non-Convertible Debentures at par, aggregating to INR 200 Crore, on a private placement basis.

Fri 9 Oct 2026

Issue Size

INR 200 Crore aggregate (200 NCDs)

Coupon

10.05% per annum, payable semi-annually

Maturity / Face Value

Maturity October 09, 2036; face value Rs 100,00,000/- each

What was announced

Suryoday Small Finance Bank has informed the stock exchanges that its Board of Directors, through a resolution passed by circulation on October 09, 2026, approved the allotment of 200 Subordinated, Rated, Listed, Unsecured, Transferable, Redeemable, Fully Paid-Up Non-Convertible Debentures on a private placement basis. These debentures are categorised as Basel II Compliant Lower Tier II Capital.

Each debenture has a face value of Rs, 100,00,000/-, and the issue aggregates to INR 200 Crore.

The terms in short

• Coupon: 10.05% per annum, fixed, payable semi-annually
• Tenure: approved for a period not exceeding 10 years
• Allotment date: October 09, 2026, and maturity date: October 09, 2036
• Security: the issuance is unsecured, and no charge or security has been created over the bank's assets
• Listing: the debentures are proposed to be listed on BSE Limited
• Redemption: redeemable on maturity
• No special rights, interests or privileges are attached to the instrument

How to read this

The instrument is a non-convertible debenture, meaning it does not convert into equity shares. The update states it is issued on a private placement basis.

The debentures carry a fixed coupon of 10.05% per annum, payable semi-annually, with redemption on maturity. They are unsecured, so no charge has been created over the bank's assets for this issuance.

Because the update categorises these debentures as Basel II Compliant Lower Tier II Capital, they are described in the update as capital of that category. For a reader tracking the bank, the figures that matter most are the issue size of INR 200 Crore, the 10.05% coupon, the face value of Rs, 100,00,000/- per debenture, and the tenure of not exceeding 10 years.

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.