Certificate of payment of interest in respect of Secured Non-Convertible Debentures
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Shri Vasuprada Plantations Ltd (formerly Joonktollee Tea & Industries Ltd) has confirmed timely payment of interest on its 9% Rated Listed Senior Secured Redeemable Non-Convertible Debentures (ISIN: INE574G07010). The total interest amount due was Rs. 1.03 crore, of which Rs. 92.38 lakh was paid net of TDS. The payment was made on the due date of March 23, 2026, in line with the half-yearly interest frequency. The original NCD issue size stands at Rs. 23 crore, and this marks the second interest payment since issuance. The filing is made under Regulation 57 of SEBI's listing rules, as a statutory disclosure to the exchange.
Demonstrates that the company is meeting its debt servicing commitments on schedule, which is a reassuring sign for NCD holders and reflects positively on the company's financial discipline and creditworthiness. No negative implications for shareholders.