Ashiana Housing Limited — Important, 05-12-2024: Updates

Ashiana Housing Ltd. has completed the payment of interest and partial redemption of its Non-Convertible Debentures (NCDs), specifically the Series 8%AHL2041 with ISIN INE365D08026. The company has paid INR 89.62 lac as interest and partially redeemed INR 84.15 lac of the principal amount, in addition to a premium of INR 1.26 crore. The interest due was acknowledged, aligning with the scheduled payment date. The outstanding amount for the NCDs post-redemption stands at INR 79.73 crore, translating to INR 8.22 lac per NCD. This timely execution of financial obligations reflects positively on the company's liquidity position. Investors should observe the company’s capacity to manage its debt effectively moving forward.