Ashima Limited — Important, 14-07-2025: General Updates
14-07-2025 | 07:07 pm
14-07-2025 | 07:07 pm
Ashima Limited has completed a partial early redemption of its Non-Convertible Debentures (NCDs). The company redeemed NCDs worth ₹45 Cr, exercising its call option. These NCDs were originally issued for ₹1,00,000 each. Following this redemption, ₹5 Cr in NCDs remain outstanding. The company paid simple interest at 12% per annum on the redeemed amount. This move significantly reduces the company's debt obligations and could positively impact its financial leverage.
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