NLC India Limited — Others, 25-06-2025: Security Cover Certificate

NLC India Limited has announced a board meeting to consider the financial results for the quarter and half-year. The company’s auditors have certified compliance with all covenants for its listed secured and unsecured non-convertible debt securities aggregating Rs. 2107.14 Crore and Rs. 2211.77 Crore respectively, including interest. The security cover ratio for secured bonds stands at 1.35 times based on book values of charged assets. No breaches of covenants were reported for any listed debt securities. This assurance underscores NLCIL’s adherence to debt obligations, supporting creditor confidence and financial stability.