Shree Rama Newsprint Limited — Important, 04-08-2025: General Updates
04-08-2025 | 06:19 pm
04-08-2025 | 06:19 pm
Shree Rama Newsprint has completed the first annual instalment redemption of its Zero Coupon Non-Convertible Debentures (ZCDs). This action, part of a Joint Lender Forum (JLF) approved plan, involved payments to Bank of India and Punjab National Bank. The company redeemed ZCDs worth 7.875 Crore for Bank of India and 6.250 Crore for PNB, totaling 14.125 Crore. This financial move reduces the company's debt obligations as per its repayment schedule.
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