Ashima Limited has informed the Exchange about General Updates
ASHIMASYN · price
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Ashima Limited has exercised its call option for partial early redemption of its unlisted, secured, unrated, redeemable, rupee-denominated non-convertible debentures (NCDs). The redemption applies to two debenture holders — Quinone Pvt Ltd and Sharanam Metrolinks LLP — and is being done by reducing the paid-up value of existing NCDs rather than cancelling them. Total NCDs originally issued were 5,500 worth ₹55 crore, of which ₹28.25 crore is being redeemed under this exercise, leaving ₹26.75 crore outstanding. The redemption is expected to be completed on or before 28th March 2026, and any premium on redemption will be computed and paid at the end of the NCD tenure as per existing terms.
This is a routine debt-management action where Ashima is partially paying down its NCD obligations early using its call option. It reduces the company's outstanding debt by roughly half, which is mildly positive for the balance sheet, but has no direct impact on equity shareholders or the stock price.