The Company shall allocate and allot Series IV NCDs wherein the Applicants have not indicated the choice of the relevant NCD Series.
1. With respect to Series where interest is to be paid on an annual basis, relevant interest will be paid on each anniversary of the Deemed Date of Allotment on the face value of the NCDs. The last interest payment under annual Series will be made at the time of redemption of the NCDs.
2. With respect to Series where interest is to be paid on monthly basis, relevant interest will be paid on the first date of every month on the face value of the NCDs. The last interest payment under monthly Series will be made at the time of redemption of the NCDs. For the first interest payment for NCDs under the monthly options, interest from the Deemed Date of Allotment till the last day of the subsequent month will be clubbed and paid on the first day of the month next to that subsequent month.
3 Subject to applicable tax deducted at source, if any.
4. Please refer to Annexure C of the Prospectus dated September 10, 2026 for details pertaining to the cash flows of the Company in accordance with the SEBI NCS Master Circular.
Note : a) Basis of Allotment : For details, please refer to page 29 of the Abridged Prospectus; b) For Rejection of Application : For details, please refer to page 27 of the Abridged Prospectus; c) If the Deemed Date of Allotment undergoes a change, the coupon payment dates, redemption amounts and other cash flow workings shall be changed accordingly. For details of the interest payment, please refer to “Terms of the Issue - Interest and Payment of Interest/Coupon on NCDs” and “Terms of the Issue – Manner of Payment of Interest/ Unblocking” on page 418 and page 423, respectively, of the Prospectus dated September 10, 2026. Please refer to Section titled “Issue Related Information” on page 384 of the Prospectus dated September 10, 2026. All capitalized terms not specifically defined herein shall have the meaning given to such term in the Prospectus dated September 10, 2026.