Loan & Debt28 Sept 2026, 02:58 pm
Jindal Stainless Ltd Fully Redeems 990 NCDs
AI Summary
Jindal Stainless Ltd has announced the full redemption of 990 listed, rated, secured, redeemable Non-Convertible Debentures (NCDs) with a face value of ₹10,00,000 each. The redemption, which occurred on September 28, 2026, was carried out at the face value of ₹10,00,000 per NCD, in compliance with the terms of issuance. This action signifies the closure of this specific debt instrument.
Key Highlights
- Jindal Stainless Ltd completed full redemption of 990 NCDs.
- The redemption was executed on September 28, 2026.
- Each NCD had a face value of ₹10,00,000.
- The redemption price was ₹10,00,000 per NCD.
- This action is in compliance with the NCD issuance terms.
Price Impact
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