Hinduja Leyland Finance plans up to INR2.25B bond

Hinduja Leyland Finance plans up to INR2.25B bond

Hinduja Leyland Finance’s Debt and Equity Activities in Focus

Hinduja Leyland Finance Limited, a provider of vehicle and personal loans in India, has an existing bond issuance of INR3 billion (USD 32.9 million) with a coupon rate of 8.4% maturing on May 6, 2027. The senior secured bond, listed on the Bombay Stock Exchange (BSE), carries a face value of INR100,000 per unit and is categorized under domestic corporate debt. As of March 2026, no recent public announcements indicate a new bond issuance targeting INR2.25 billion.

In February 2025, the company secured INR2 billion in equity funding through a share issuance from Ashok Leyland Limited, its majority shareholder, which retained a 60.39% stake. The transaction, priced at INR200 per share (a INR190 premium), was structured in tranches and finalized by March 31, 2025. Proceeds were allocated for general corporate purposes, including onward lending and operational expenses.

The company’s capital structure reflects a mix of debt and equity. Its outstanding bond remains active, with no reported early redemption terms or credit rating changes. While Hinduja Leyland Finance has historically accessed debt markets, there is no verified data as of March 2026 suggesting plans for a new INR2.25 billion bond issuance. Investors are advised to monitor official disclosures for updates on future financing activities.

Bond details from cbonds.com and bondsindia.com: Bond details from cbonds.com and bondsindia.com.
Equity funding announcement from Marketscreener and Planify News: Equity funding announcement from Marketscreener and Planify News.

This article provides factual insights based on publicly available data up to March 2026.