Loan & Debt10 Jun 2026, 05:42 pm
Share India Securities Partially Redeems NCDs
AI Summary
Share India Securities Ltd has announced the partial redemption of its Non-Convertible Debentures (NCDs) from Series A and the Second Issue. The face value per NCD for Series A has been reduced from Rs. 62,500 to Rs. 50,000, and for the Second Issue, from Rs. 87,500 to Rs. 75,000. These redemptions, completed on June 10, 2026, represent a reduction in the company's outstanding debt obligations.
Key Highlights
- Partial redemption of NCD Series A and Second Issue completed.
- Face value reduction for Series A NCDs from ₹62,500 to ₹50,000.
- Face value reduction for Second Issue NCDs from ₹87,500 to ₹75,000.
- Redemption payments were finalized on June 10, 2026.
- Indicates a move to reduce outstanding debt.
Price Impact
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