In case of default, the bond holders will be considered 'Subordinate Tier 2' for payment
Listed
It got listed on exchange on Aug 11, 2025
Issuer
Hinduja Leyland Finance Limited
Issuer Highlights
Hinduja Leyland Finance Ltd (HLF) is promoted by Ashok Leyland Limited (“ALL”) and Hinduja Power Limited, a part of the Hinduja Group. It is one of India's leading vehicle finance NBFCs with a focus on urban and semi-urban markets and it was incorporated on November 12, 2008
The issuer has 349 branch offices and 1,550 Business Locations spread across 23 States and two Union Territories across India. Out of 1550 business locations, they have categorised 867 business locations as urban, 637 business locations as semi-urban and 46 business locations as rural based on the classification provided by the Census Organization of India Report.