Intimation regarding payment of interest and principal on partial redemption on 50 NCDs.
SOLARINDS · price
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Solar Industries India has informed the BSE about the timely payment of interest and partial principal redemption on 50 Non-Convertible Debentures (NCDs) under ISIN INE343H08016. The company paid a gross interest of Rs. 20,66,849.32 (net Rs. 18,60,164.39 after 10% TDS) on the due date of September 23, 2025, on a quarterly schedule. Separately, 50 NCDs were partially redeemed on maturity for Rs. 5 crore, with another Rs. 5 crore still outstanding under the same ISIN out of the original Rs. 60 crore issue size. There was no delay, no change in payment frequency, and the reason for redemption is stated as maturity.
This is a routine compliance filing confirming that the company has met its debt obligations on time. For shareholders, it signals healthy cash flow and disciplined debt servicing, though the financial impact is small relative to the company's overall size.