Dishman Carbogen Amcis Ltd Receives Consent for Amendment in Financial Covenants of NCDs
Dishman Carbogen Amcis Ltd has received a letter from the Debenture Trustee, Axis Trustee Services Limited, regarding consent for amendment in terms related to financial covenants in respect of Non-Convertible Debentures (NCDs) issued by the company. The amendment is in connection with the 5,000 (Five thousand) Senior, Secured, Rated, Listed, Transferable, Taxable, Redeemable Non-Convertible Debentures of face value of Rs. 1,00,000/- (Rupees one lakh only) each, issued on private placement basis. The amendment is related to the Financial Covenants as per Clause 5.4 of Part B of the Debenture Trust Deed (DTD). The company has received a waiver for the Net Debt to Tangible Net Worth, Total Net Debt to EBIDTA, Adjusted Debt Service Coverage Ratio, and Interest Coverage Ratio for the Financial Year ended 31st March, 2026.
Key Highlights
- Dishman Carbogen Amcis Ltd has received a letter from the Debenture Trustee for amendment in financial covenants.
- The amendment is in connection with the 5,000 Senior, Secured, Rated, Listed, Transferable, Taxable, Redeemable Non-Convertible Debentures of face value of Rs. 1,00,000/- each.
- The waiver is granted for the Net Debt to Tangible Net Worth, Total Net Debt to EBIDTA, Adjusted Debt Service Coverage Ratio, and Interest Coverage Ratio for the Financial Year ended 31st March, 2026.
- The NCDs were issued under the Debenture Trust Deed dated 17th January, 2026.
- The Debentures are listed on BSE Limited.
Price Impact