SHAREINDIA: Share India Securities Limited has informed the Exchange about the partial Redemption of face value of NCD Series A (ISIN: INE932X07023) and NCD Second Issue (ISIN: INE932X07031)
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Share India Securities Limited has partially redeemed the principal amount of two NCD series issued on a private placement basis. For NCD Series A (ISIN: INE932X07023), the face value has been reduced from Rs. 75,000 to Rs. 62,500 per NCD (about 16.7% reduction). For the NCD Second Issue (ISIN: INE932X07031), the face value has been reduced from Rs. 1,00,000 to Rs. 87,500 per NCD (12.5% reduction). The redemption payments were completed on March 10, 2026, and the disclosure was made under SEBI Listing Regulations on March 11, 2026.
This is a positive signal for debenture holders as the company is returning part of their principal ahead of full maturity, suggesting adequate liquidity. For equity shareholders, it indicates the company is managing its debt obligations proactively without distress, though the exact financial impact depends on the total outstanding NCD amounts.