Century Textiles and Industries Limited announced that the Finance Committee of the Board of Directors of the company at its meeting held on November 21, 2016, has allotted non-convertible debentures for INR 7,000 million on private placement basis. Size of the issue: INR 7,000 million by way of issue of 7,000 secured, listed, rated, non-convertible, non-cumulative, redeemable, taxable debentures of face value of INR 1.0 million each for cash at par. Tenure of the instrument: 3 years 4 months 25 days. Date of allotment is November 21, 2016. Date of maturity is April 15, 2020. Coupon/interest payment is 8.29% per annum payable annually as under: 1st interest payment is on November 21, 2017, 2nd interest payment is on November 21, 2018, 3rd interest payment is on November, 2019 and final interest payment along with redemption amount is on April 15, 2020.