Corporate Action13 Nov 2026, 05:35 pm
Niva Bupa Health Insurance Redeems ₹150 Cr Debentures
AI Summary
Niva Bupa Health Insurance Company Ltd has announced the successful completion of the redemption of its unsecured, subordinated, listed, rated, redeemable, non-convertible debentures aggregating to ₹150,00,00,000/- (₹150 Crore). The redemption was executed at par, pursuant to the exercise of a call option, and the principal amount was fully repaid along with accrued interest. The payment was made on November 13, 2026, which was the immediately preceding business day to the scheduled redemption date of November 15, 2026, as per the terms of the placement memorandum. This action complies with SEBI regulations regarding the issuance and listing of non-convertible securities.
Key Highlights
- Company redeemed ₹150 Crore of debentures at par.
- Redemption was exercised via a call option.
- Principal and accrued interest were paid in full.
- Payment was made on November 13, 2026, ahead of the due date.
Price Impact
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