Alpha Tribe

Amines & Plasticizers LimitedImportant, 24-03-2025: General Updates

24-03-2025 · 05:48 pm

Amines & Plasticizers Limited has redeemed 740 Nos. of 13% Unlisted, Unrated, Secured, Redeemable, Non-Convertible Debentures (NCDs) worth ₹7.4 Cr, along with a total interest of ₹2.19 Cr, as per the redemption terms. Additionally, a second tranche of 595 Nos. NCDs valued at ₹5.95 Cr is set for redemption on March 28, 2025. This move could enhance the company's cash flow management and may signal to investors a proactive approach to managing debt obligations, potentially improving sentiment. Overall, it reflects positively on the company's financial discipline.

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