09.20% TAMILNADU GENERATION AND DISTRIBUTION CORPORATION LIMITED 18-DEC-2024 (SERIES II 2014-15)

TAMILNADU GENERATION AND DISTRIBUTION CORPORATION LIMITED

INE340M08137

I.M

Bond's Rating

Rating Agency	Rating	Remarks	Rating Rationale

Face Value
10,00,000.00

Coupon Rate
9.20%

Issue Date
18 Dec 2014

Maturity Date
18 Dec 2024

Remainig Period
0 y 2 m 2 d

Tax Free
No

Int. Payment Type
Simple

Int. Frequency
Half Yearly

TDS on Interest
Yes

Call Option

Put Option

Govt. Guarantee
Yes

Listing
Yes

Yield to Maturity
10.48%

Mode of Issue
Private

Coupon Type
Fixed Interest

IP Dates
18-Dec

Available Quantity
UP TO 32 LACS (8 BONDS)

Security
Unsecured

Seniority Repay
N

Registrar Details

Issue Details

Issue Size
0.00 Crores

Business Sector

Ownership
NONPSU

Debenture Trustee

Key Highlights

Credit Ratings

Low SafetyHigh Safety

About Issuer

TAMILNADU GENERATION AND DISTRIBUTION CORPORATION LIMITED

TANGEDCO is responsible for the generation and distribution of power across Tamil Nadu as a regulated monopoly. It sources a significant portion of its power from central utilities like NTPC, NLCIL, and NPCIL, along with independent power producers within the state.