Certificate under Regulation 57(1) of SEBI (LODR) Regulations, 2015 - Payment of Interest and Redemption of Non-Convertible Debentures
CROMPTON · price
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Awaiting price reaction for this filing.
Crompton Greaves Consumer Electricals has confirmed timely payment of interest and full redemption of its Non-Convertible Debentures (NCDs) under ISIN INE299U07080. The company paid Rs. 22.95 crore in interest on the due date of July 22, 2025, which was also the maturity date. It fully redeemed the Rs. 300 crore NCD issue (3,000 debentures) on the same date, bringing the outstanding NCD amount to NIL. This marks the successful maturity closure of this debt instrument after its yearly interest cycle.
This is a routine regulatory confirmation showing the company has met its debt obligations on time, signalling healthy cash flow and credit discipline. With NIL outstanding NCDs post-redemption, there is no refinancing risk on this instrument, though the company may raise fresh debt for future needs. Neutral to slightly positive for shareholders as it reflects financial reliability.