This is reference to our earlier disclosure dated May 18, 2019 with respect to the allotment of 100 Unlisted Unsecured Redeemable Non-Convertible Debentures (NCDs) having face value of Rs. 1,00,000/- each aggregating to Rs. 1,00,00,000/- on private placement basis. The NCDs were issued for a tenure of 7 Years from the date of allotment. In accordance with the terms of the issue and upon completion of the lock-in-period on May 16, 2023, the NCD holder requested redemption of 100 NCDs. Accordingly, the Company has redeemed 100 Unsecured Redeemable NCDs of the face value Rs. 1,00,000/- each, aggregating to Rs. 1,00,00,000/- (Rupees One Crore Only) on March 04, 2026. The principal along with the applicable interest has been duly paid to the NCD holder through RTGS on the same date.
