Announced Tue, 18 Aug · 16:57 IST
Birla Corp redeems Series-VI NCDs worth Rs 80 cr on maturity
BIRLACORPN · price
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Price reaction · full curve 14 horizons · vs prior close
+0.1%1-day move
₹894.00
prior close
₹890.30
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.5+0.1+0.1-0.1+0.1-0.6————————
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AI summary
Birla Corporation fully redeemed 2000 secured NCDs (Series-VI) of Rs 80 crore on maturity date 18 Aug 2026, paying Rs 7.4 crore in applicable interest. Post redemption, outstanding NCDs stand at Rs 20 crore under different ISINs. This is a scheduled maturity, not a prepayment.
Likely market impact
Scheduled debt maturity fulfilled on time. Total NCD outstanding reduced to Rs 20 crore, lowering future interest burden and overall leverage.