Loan & Debt5 Oct 2026, 05:10 pm
Niva Bupa to Redeem ₹150 Cr Debentures on Oct 9, 2026
AI Summary
Niva Bupa Health Insurance Company Ltd has announced that its Debt Raising Committee of the Board will convene on October 9, 2026. The primary agenda is to consider and approve the redemption of 1,500 unsecured, subordinated, listed, rated, redeemable, non-convertible debentures. These debentures, with a face value of ₹150,00,00,000 (₹150 Crore), were issued on November 15, 2021, and will be redeemed at par. The debenture has ISIN INE995S08010.
Key Highlights
- Board committee meeting scheduled for October 9, 2026.
- Approval to redeem ₹150 Crore worth of debentures.
- Debentures are unsecured, subordinated, and non-convertible.
- Redemption will be executed at par value.
Price Impact
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