NLC India Limited — Others, 12-03-2025: Security Cover Certificate

NLC India Limited has disclosed its compliance with covenants for its listed secured debt securities as of December 31, 2024. The company reported outstanding bonds totaling ₹2,106.83 crore, including accrued interest, from two series: ₹1,475 crore issued in 2019 and ₹525 crore in 2020. All covenants related to these debt securities have been met, indicating the company's solid position in maintaining its obligations. This compliance may foster a positive outlook among investors, reflecting stability and sound governance in managing its liabilities and assets effectively.