JSLBSEJINDAL STAINLESS LIMITED· Steel And Steel ProductsMediumNeutral
Announced Mon, 28 Sept, 2026 · 14:58 IST

Jindal Stainless fully redeems 990 NCDs worth about Rs 99 crore

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Price reaction · full curve 14 horizons · vs prior close
-2.0%1-day move
₹747.00
prior close
₹745.50
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AI summary

Jindal Stainless has fully redeemed 990 listed, secured, redeemable Non-Convertible Debentures (NCDs) on September 28, 2026. The NCDs had a face value of Rs. 10,00,000 each, bringing total redemption to about Rs. 99 crore. The NCDs were redeemed at par (face value), reducing the company outstanding debt under ISIN INE220G07127 on schedule.

Likely market impact

Reduces company debt by around Rs 99 crore, strengthens balance sheet and reflects healthy cash flow position.