StockWatch
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General Insurance
Corporate Action13 Nov 2026, 05:53 pm

Niva Bupa Pays ₹16.05 Cr Interest & ₹150 Cr Redemption

AI Summary

Niva Bupa Health Insurance Company Ltd has completed the payment of interest and redemption amount for its 1,500 unsecured, subordinated, listed, rated, redeemable, non-convertible debentures. The total redemption amount is ₹150 Crore (₹150,00,00,000/-) and the interest paid amounts to ₹16.05 Crore (₹16,05,00,000/-). The payment was made on November 13, 2026, ahead of the due date of November 15, 2026, as it was a non-business day. This action fulfills the company's obligations under the terms of issue and regulatory requirements.

Key Highlights

  • Company paid ₹150 Crore redemption amount for NCDs.
  • Interest payment of ₹16.05 Crore also disbursed.
  • Payment made on Nov 13, 2026, ahead of due date.
  • Debentures were issued on Nov 15, 2021.
  • Payment made via NEFT to debenture holders.