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Awaiting price reaction for this filing.
Sahara Housingfina Corporation has submitted a regulatory disclosure to BSE confirming the status of its privately placed Unlisted Secured Non-Convertible Debentures (NCDs). The company had originally placed 30 NCDs of Rs 1 crore each (Rs 30 crore total) with a single entity on 31 March 2017. No fresh NCDs have been issued since then. The outstanding amount has come down to Rs 21 crore (21 NCDs) after a partial redemption of Rs 9 crore as per the Information Memorandum. Interest at 7% per annum has been paid on time every 31 March since issue, with Catalyst Trusteeship Limited acting as the Debenture Trustee.
This is a routine compliance filing showing disciplined debt servicing and partial repayment, which is mildly positive for credit profile. However, the NCDs are unlisted and privately placed, so the filing is unlikely to have any meaningful impact on the stock price or retail shareholders.