Investment19 Mar 2026, 04:16 pm
Ashima Ltd Partially Redeems Unlisted NCDs Worth INR 228,25,00,000
AI Summary
Ashima Limited has announced a partial early redemption of its Unlisted, Secured, Unrated, Redeemable, Rupee-Denominated, Non-Convertible Debentures (NCDs) issued under the Debenture Trust Deeds dated 16th March 2023 and 18th April 2024. The redemption is to the tune of INR 228,25,00,000, affecting 5,500 NCDs issued to two holders: Crystal Quinone Pvt Ltd and Sharanam Metrolinks LLP. Post this redemption, the outstanding NCDs amount to INR 26,75,00,000. This decision has been made in accordance with the applicable terms and conditions of the Debenture Trust Deeds.
Key Highlights
- Ashima Ltd has partially redeemed its NCDs worth INR 228,25,00,000.
- The redemption affects 5,500 NCDs issued to two holders: Crystal Quinone Pvt Ltd and Sharanam Metrolinks LLP.
- Post redemption, the outstanding NCDs amount to INR 26,75,00,000.
- The redemption is in accordance with the applicable terms and conditions of the Debenture Trust Deeds.
- The redemption date for the affected NCDs is on or before 28th March, 2026.
Price Impact
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