Torrent Power Issues Non-Convertible Debentures Worth ₹20 Billion

The debentures carry a coupon rate of 7.97% per annum

March 10, 2026

/ Melvin Mathew
/ Finance and M&A, Grid
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Gujarat-based Torrent Power has raised ₹20 billion (~$216.58 million) through private placement of secured, non-convertible debentures (NCDs).

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Melvin Mathew

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FundingNon convertible DebenturesTorrent Power
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