Siddhartha Bank Limited's debenture with a maturity period of seven years is approved by SEBON. The debenture titled "SBL Debenture 2084" has a coupon rate of 8.5%.
A total of 30 lakhs units are registered. 12 lakh units will be open for the public issue and 18 lakh units will be subscribed via private placement. Rs. 1000 is the par value.
NMB Capital has been appointed the issue manager. SEBON approved the debenture on Ashwin 01.