TARCNSETARC LimitedLowNeutral
Announced Sat, 28 Mar · 11:40 IST

TARC Limited has informed the Exchange about intimation of payment of interest on NCDs.

Credit & Debt View source PDF

TARC · price

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Price reaction · full curve 14 horizons · vs prior close
+0.2%1-day move
₹119.82
prior close
₹119.49
base price
After-mkt
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AI summary

TARC Limited has informed the stock exchanges about the payment of interest on its Non-Convertible Debentures (ISIN: INE0EK907050). The company paid Rs. 68.62 crore as interest on March 27, 2026, which was four days ahead of the due date of March 31, 2026. The total issue size of these NCDs is Rs. 409 crore, with interest paid on a yearly basis. The interest record date was March 16, 2026. No redemption payment was applicable, and there was no delay or non-payment in this transaction.

Likely market impact

This is a routine, on-time debt servicing announcement that reflects positively on the company's financial discipline and its ability to meet obligations to debenture holders. It is unlikely to have any material impact on the stock price, though it reinforces investor confidence in the company's debt management.