Jindal Stainless Limited has informed the Exchange regarding 'Intimation of Record date of interest payment for Non-Convertible Debentures'.
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Awaiting price reaction for this filing.
Jindal Stainless has fixed September 4, 2025 as the record date for interest payment on 990 secured, rated, redeemable Non-Convertible Debentures (ISIN: INE220G07127), each with a face value of Rs. 10 lakh. The interest is payable at 8.62% per annum on an annual basis, with the actual payment due on September 28, 2025. This is a routine regulatory disclosure under SEBI listing rules to inform debenture holders of the cut-off date to be eligible for the upcoming interest payout. There is no indication of any change in terms, default, or restructuring of the debt.
This is a routine compliance filing and is unlikely to have any material impact on shareholders or the stock price. It simply confirms that NCD holders on record as of September 4 will receive their scheduled annual interest payment.