Certificate regarding Payment of Interest on the Non Convertible Debentures
GRASIM · price
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Grasim Industries has made its annual interest payment of ₹75.00 crore on its 7.50% Unsecured, Listed, Rated, Redeemable Non-Convertible Debentures (ISIN: INE047A08190, Series-22-23 I), which mature in 2027. The total issue size is ₹1,000 crore, and the payment was made on the due date itself, 10th June 2026. After deducting TDS of ₹2.25 crore, a net amount of ₹72.75 crore was paid to debenture holders. This is the second consecutive annual interest payment, with the previous one made on 10th June 2025. The filing is submitted to BSE and NSE in line with SEBI's listing regulations (Reg 57(1)).
This is a routine, on-time debt servicing event with no negative implications for shareholders. It demonstrates the company's ability to meet its interest obligations and supports its creditworthiness, though it has no direct effect on equity stock price.