Dar Credit & Capital Limited — Important, 08-12-2025: Disclosure of material issue
Dar Credit & Capital (DCCL) debenture holders have overwhelmingly approved the early redemption of ₹7.30 Crore (Cr) worth of its 12.25%, 5-year Non-Convertible Debentures (NCDs). The resolution passed with 100% assent from both Non-Cumulative and Cumulative debenture holders during the meeting on December 5, 2025.
**Issue:** DCCL sought approval for the early repayment of its significant 12.25% interest-bearing NCDs.
**Company's Response/Mitigation:** Debenture holders greenlit the company's plan to redeem these NCDs ahead of their 5-year tenure.
**Possible Impact:** This move is a major positive for DCCL's financial health. It will immediately reduce the company's overall debt burden and significantly cut future interest expenses (12.25% is a high cost of debt). This suggests improved liquidity or successful refinancing, strengthening the company's balance sheet. #DCCL #DebtReduction #FinancialHealth
