Jana Small Finance Bank Limited has informed the Exchange regarding 'Confirmation of NCD Redemption/ interest payment - ISIN INE953L08295'.
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Jana Small Finance Bank has completed the full redemption of its Non-Convertible Debentures (Series 048(A), ISIN INE953L08295) at maturity, repaying the entire principal of Rs. 175 crore along with annual interest of Rs. 25.38 crore. The original maturity date was 29 June 2025, a Sunday, so the payment was made on the preceding business day, 27 June 2025, as per the issue document's holiday clause. Payment was made via RTGS. The outstanding amount on these NCDs is now Nil, meaning the obligation has been fully discharged.
This is a routine, on-schedule debt repayment with no sign of financial stress. Shareholders can view it positively as it demonstrates timely debt servicing and reduces the bank's outstanding liabilities, though it has no direct impact on equity.