Intimation regarding payment of interest and principal on partial redemption of 292 Non Convertible Debentures (NCD).
SOLARINDS · price
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Solar Industries India Ltd has informed BSE about the timely payment of interest and partial redemption of 292 NCDs under ISIN INE343H08024. The company paid a gross interest of Rs. 42,37,940.60 (net Rs. 38,14,146.54 after 10% TDS) on the due date of September 22, 2025. Separately, 292 NCDs were redeemed on maturity at a total value of Rs. 2,91,66,667, reducing the outstanding NCD amount to Rs. 17,49,99,998. The original issue size was Rs. 35 Crores, and interest is paid quarterly. This is a routine compliance filing under Regulation 57 of SEBI LODR confirming that all obligations to NCD holders have been met on time.
This is a routine debt-servicing announcement and has no material impact on shareholders or the stock price. It simply confirms the company has met its NCD interest and maturity obligations on schedule, reflecting good credit discipline.