CHAPTER XIV - CENTRALISED DATABASE FOR DEBENTURE SEBI CIRCULAR NO SEBI/HO/DDHS/P/CIR/2021/613 DATED 10.08.2021 UPDATED ON 13.04.2022
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The Ramco Cements has submitted a routine compliance update to BSE regarding its 8 listed non-convertible debentures (NCDs) issued on private placement basis, with a total outstanding size of Rs 1,300 crores. The debentures, issued in tranches between March 2022 and March 2024, all carry a credit rating of AA+ with a Stable outlook from ICRA, which was reaffirmed in December 2024. The company confirms that all interest payments due during February-March 2025 were made on time, with no defaults or delays. Total interest paid across all 8 ISINs during the period was approximately Rs 99.2 crores (Rs 99,20,00,000).
This is a routine regulatory disclosure with no negative news — debt servicing is on track and the strong AA+ rating has been reaffirmed, signaling continued financial stability for bondholders. No direct impact on equity shareholders, though the clean repayment record supports the company's overall credit profile.