Corporate Action3 Sept 2026, 11:44 am
Share India Securities: Holders Approve Early Redemption of NCDs
AI Summary
Share India Securities Ltd announced the outcome of an adjourned meeting of its Non-Convertible Debenture (NCD) holders. The holders of Series A and Series B NCDs (ISIN: INE932X07023 and INE932X07015 respectively) have approved the early redemption of 5,000 Series A NCDs and 4,990 Series B NCDs. This early redemption, aggregating 9,990 NCDs, will be carried out along with accrued interest and other payable amounts, prior to their scheduled maturity. The process will adhere to the terms outlined in the issue documents and relevant SEBI regulations.
Key Highlights
- NCD holders approved early redemption of Series A and Series B debentures.
- 9,990 NCDs (5,000 Series A, 4,990 Series B) to be redeemed early.
- Redemption includes accrued interest and all other payable amounts.
- Early redemption is prior to the scheduled maturity dates.
- Process will follow terms of issue documents and SEBI regulations.
Price Impact
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