Jindal Stainless Limited — Important, 24-04-2025: Updates
24-04-2025 | 06:14 pm
24-04-2025 | 06:14 pm
The company has fixed April 30, 2025, as the record date for the full redemption of 1,875 listed, rated, secured, redeemable, non-convertible debentures (NCDs) with a face value of ₹10,00,000 each. Holders of these NCDs will receive their principal along with interest at a rate of 7.73% per annum, payable semi-annually on May 24, 2025. This redemption reflects the company's commitment to meeting its financial obligations, which may enhance investor confidence and solidify its financial standing.
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