Intimation under Regulation 57 with respect to full and final payment of interest on NCDs.
TRU · price
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Awaiting price reaction for this filing.
TruCap Finance has completed the full and final payment of the remaining 30% principal amount along with interest on its non-convertible debentures (NCDs) across six ISINs on September 23, 2025. The total issue size across these NCDs was approximately Rs 89.99 crore, with redemption amounts ranging from Rs 50.19 lakh to Rs 7.50 crore per ISIN. The payment was due on July 16, 2025 but was delayed by about two months. The company stated the delay was caused by liquidity stress and non-receipt of committed funds. Payments were made in multiple tranches from July 18 to August 8, 2025 (principal), with the final settlement on September 23, 2025. All outstanding obligations on these ISINs now stand at zero.
While it's positive that the company has fully honored its debt obligations and cleared all outstanding NCD liabilities, the explicit admission of liquidity stress and a two-month delay in redemption is a concern. Investors should watch for any further signs of cash flow strain in upcoming filings, as the company may need to raise fresh funds or restructure other liabilities.