Loan & Debt30 Oct 2026, 07:01 pm
Parag Milk Foods Redeems ₹71.83 Cr NCDs Early
AI Summary
Parag Milk Foods Limited has announced the early redemption of its Non-Convertible Debentures (NCDs). The company fully redeemed the remaining outstanding amount of ₹71.83 Crore towards the NCDs issued to International Finance Corporation (IFC) on May 18, 2021. These NCDs, with a face value of ₹10 Lakh each, were originally set to mature on June 15, 2029. Following this early redemption, there is no outstanding principal amount payable by the company on these NCDs.
Key Highlights
- Company fully redeemed ₹71.83 Crore of NCDs.
- Redemption occurred prior to the scheduled maturity date.
- No outstanding principal amount remains on these NCDs.
- NCDs were issued to International Finance Corporation (IFC).
Price Impact
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