Mumbai, March 24 -- Accordingly, the company would issue fixed rate, senior secured social notes denominated in US dollars. The coupon would be paid semi-annually. The notes would be issued in denomination of $200,000 and, in excess thereof, integral multiples of $1,000.

The company's present S&P rating is 'B+/stable'. The issue rating would be determined in due course of time.

The company would place its present and future financial and non-financial assets (including investments) and the present and future loan assets (including all monies receivable) as collateral.

The proceeds from the notes will be used in accordance with Sammaan Capitals' sustainable financing framework, and as may be permitted by the RBI ECB guidelines including...