Loan & Debt30 Jun 2026, 04:50 pm
Kolte-Patil Developers fully redeems ₹140 Cr NCDs early
AI Summary
Kolte-Patil Developers Ltd has announced the early and full redemption of its secured, unlisted Non-Convertible Debentures (NCDs) amounting to ₹140 Crores. The redemption, which occurred on June 29, 2026, was before the scheduled maturity date. The NCDs were originally issued on April 10, 2023, to India Realty Excellence IV. The company has settled the outstanding principal and interest, thereby extinguishing its liability related to these NCDs.
Key Highlights
- Company fully redeemed ₹140 Cr NCDs before maturity.
- Redemption occurred on June 29, 2026.
- NCDs were issued on April 10, 2023, to India Realty Excellence IV.
- Company's liability towards these NCDs is now extinguished.
Price Impact
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