Nature of the Event
This is a mandatory disclosure intimation submitted to the National Stock Exchange of India Limited (NSE) and BSE Limited (BSE) under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. It concerns the partial redemption of certain debt instruments.
Key Quantitative Figures
- NCDs Redeemed: 1,495 unsecured, unlisted, redeemable Non-Convertible Debentures (NCDs).
- Face Value per NCD: ₹10,00,000.
- Total Redemption Amount: ₹1,49,50,00,000 (One Hundred Forty Nine Crore Fifty Lakh Rupees).
- Interest Paid: ₹2,88,09,576 (Two Crore Eighty Eight Lakh Nine Thousand Five Hundred Seventy Six Rupees).
- Interest Rate: 8% per annum.
- Interest Period: April 01, 2026 to July 02, 2026.
Parties Involved
- Issuer: Sagility Limited (Scrip Code: 544282; Symbol: SAGILITY).
- Debenture Holder / Recipient: Sagility B.V.
Financial and Operational Impact
The transaction resulted in a cash outflow of ₹149.5 crore towards principal repayment and an additional ₹2.88 crore for interest payment (net of applicable Tax Deducted at Source). This action reduces the company's outstanding debt obligations.
Purpose / Rationale
The redemption was executed as per the terms and conditions stipulated in the bond trust deed dated December 22, 2021, as amended. The action was previously approved by shareholders.
#Tags: #Sagility #NCDRedemption #SEBIRegulation30 #DebtManagement #FinancialUpdate #Neutral