CHAPTER XIV - CENTRALISED DATABASE FOR DEBENTURE SEBI CIRCULAR NO SEBI/HO/DDHS/P/CIR/2021/613 DATED 10.08.2021 UPDATED ON 13.04.2022
Awaiting price reaction for this filing.
Ramco Cements has submitted a SEBI-mandated centralised database update for its 8 privately placed debentures (ISINs INE331A07265 to INE331A07331) listed on BSE, with a combined issue size of Rs. 1,300 crore. All debentures carry an AA+ rating with Stable outlook from ICRA, reaffirmed on 24 December 2024. The company paid annual interest on all 8 debentures on their due dates in March 2025, totalling approximately Rs. 99.20 crore, with no defaults or delays reported. The debentures were issued in three tranches between March 2022 and March 2024, all on a private placement basis.
This is a routine regulatory compliance filing and not an actionable event. The on-time interest payments and reaffirmed AA+ Stable rating signal healthy debt servicing capacity, which is mildly positive for credit sentiment but has no direct impact on equity shareholders.