Full Redemption and Interest Payment for ISIN- INE1TAE08031
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Tata Motors Limited has completed full payment of annual interest and principal redemption for its E30-A Series Non-Convertible Debentures (ISIN INE1TAE08031). The company paid ₹2,823.53 lakhs as net interest (after TDS) for the 6.6% coupon on the ₹500 crore debenture issue. Additionally, the entire ₹50,000 lakhs (₹500 crore) principal was redeemed in full on the maturity date of May 29, 2026. The 5,000 NCDs have been fully redeemed, closing this debt obligation. This was a scheduled maturity redemption with no early redemption or call/put options exercised.
This filing shows Tata Motors successfully retiring ₹500 crore of debt at maturity with no payment delays. The debenture series is now closed, reducing the company's interest-bearing liabilities. For equity shareholders, this represents routine debt management with no direct stock price impact.