Date: July 15, 2026
Board Meeting Outcomes
Debt Redemption Details
Instrument Details:
- Face Value Per Debenture: ₹10,00,000
- Type of Redemption: Full early redemption
- Outstanding Principal Amount: ₹180,00,00,000 (Initial issue size was ₹200,00,00,000)
- Original Issue: 2000 Debentures of face value ₹10,00,000 each aggregating to ₹200,00,00,000
- Interest Rate: 12.5%
- Security: Secured, guaranteed
- Maturity Date: February 28, 2030
Issue Dates:
- Tranche 1: February 28, 2025
- Tranche 2: October 15, 2025
Redemption Timeline:
- Record Date for early redemption: June 20, 2026
- Early Redemption Date: To be agreed between the company and debenture holders holding the said Debentures, but in any event on or prior to the Maturity Date of February 28, 2030
Corporate Governance
Company Secretary: Jitendra J. Gandhi
Company Identification Number: L51900MH1988PLC048455