Loan & Debt28 Sept 2026, 02:49 pm
Jindal Stainless Completes NCD Redemption of ₹99 Cr
AI Summary
Jindal Stainless Ltd has announced the full redemption of its 990 Listed, Rated, Secured, Redeemable, Non-Convertible Debentures (NCDs) amounting to ₹99 crore. The interest and principal payment was made on September 28, 2026, fulfilling the company's obligations as per the SEBI Master Circular dated October 15, 2025. The company confirmed no defaults or delays in servicing its debt securities. This action aligns with the company's commitment to financial transparency and regulatory compliance.
Key Highlights
- Jindal Stainless completed NCD redemption of ₹99 crore.
- Interest and principal payment made on September 28, 2026.
- Company confirms no defaults on debt servicing.
- Fulfills SEBI circular requirements for debenture database.
- NCDs were listed, rated, secured, redeemable, and non-convertible.
Price Impact
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