Alpha Tribe

Amines & Plasticizers LimitedImportant, 28-03-2025: Updates

28-03-2025 · 04:51 pm

The company has redeemed 595 units of 13% Unlisted, Unrated, Secured, Redeemable, Non-Convertible Debentures (NCDs) valued at ₹5.95 Cr (Rupees Five Crores and Ninety-Five Lakhs). This redemption occurred alongside the applicable interest of ₹19.07 lakh, resulting in a net payment of ₹17.24 lakh after TDS. With this action, the company has fully settled all outstanding debentures, reflecting a strategic move to enhance its financial position and reduce liabilities. This completion could positively impact the company's standing with investors by improving cash flow and creditworthiness, emphasizing a favorable outlook as it moves forward.

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