Loan & Debt18 Aug 2026, 05:00 pm
Birla Corp Redeems ₹80 Cr NCDs Series-VI Due Aug 2026
AI Summary
Birla Corporation Ltd has announced the full redemption of its 2000 Secured, Rated, Listed, Redeemable Non-Convertible Debentures (NCDs), Series-VI. The redemption, amounting to ₹80,00,00,000/-, was completed on the due date of maturity, August 18, 2026. Additionally, the company paid applicable interest totaling ₹7,40,00,000/-. Following this redemption, Birla Corporation has outstanding NCDs aggregating to ₹20 crore under different ISINs. This action signifies the company's commitment to meeting its financial obligations.
Key Highlights
- Birla Corporation redeemed ₹80 Cr NCDs Series-VI.
- Redemption occurred on the maturity date, August 18, 2026.
- Applicable interest of ₹7.40 Cr was also paid.
- Outstanding NCDs now stand at ₹20 Cr.
- This is a debt repayment action by the company.
Price Impact
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