Announced Tue, 30 Jun · 16:44 IST
Early and full redemption of Rs 140 Crore NCDs
KOLTEPATIL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+1.5%1-day move
₹363.00
prior close
₹362.90
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
—+0.3——+1.5+0.3+1.1+1.1-1.8+2.5+6.3———
Up moveDown movePending
AI summary
Kolte-Patil Developers has fully redeemed its secured, unlisted Non-Convertible Debentures (NCDs) before scheduled maturity on 29 June 2026. The NCDs, worth Rs 140 Crores, were issued on 10 April 2023 to India Realty Excellence IV. The company has paid the outstanding principal along with interest, extinguishing its liability on these NCDs entirely.
Likely market impact
Positive: reduces debt burden ahead of schedule, improving balance sheet strength and lowering future interest outflows for shareholders.