MRF Limited has confirmed the successful and timely completion of the redemption process for its 15,000 Listed, Rated, Unsecured, Redeemable, Non-convertible Debentures (NCDs). The final redemption amount of ₹1,50,00,00,000 was paid on the due date of February 24, 2026. Simultaneously, the company settled the final annual interest payment due on these instruments, amounting to ₹10,30,63,973.
Confirmation of Debt Servicing on February 24, 2026
MRF Limited has issued this formal communication confirming the successful discharge of its obligations related to its outstanding debt securities. The company executed the timely payment of both the principal redemption amount and the final interest payment due on the 15,000 Listed, Rated, Unsecured, Redeemable, Non-convertible Debentures (NCDs). The due date for both these payments was February 24, 2026.
Details of Interest Payment
The interest servicing for these NCDs, identified by the ISIN INE883A08016, followed an Annual frequency. Key dates and amounts related to the interest payment are summarized below:
- Interest Amount Paid: ₹10,30,63,973
- Interest Payment Record Date: 09.02.2026
- Actual Interest Payment Date: 24.02.2026
- Previous Interest Payment Date: 24.02.2025
Details of Redemption Payment
The communication confirms that the redemption process undertaken was a Full Redemption of the outstanding NCDs under the ISIN INE883A08016. The terms confirm that redemption was not based on put or call options, signifying a scheduled maturity event.
- Total Issue Size: ₹1,50,00,00,000
- Quantity Redeemed (No. of NCDs): 15,000
- Amount Redeemed: ₹1,50,00,00,000
- Maturity Due Date: 24.02.2026
- Actual Redemption Date: 24.02.2026
- Outstanding Amount Post-Redemption: Nil
MRF Limited affirms that all associated statutory requirements have been met, and the company takes the matter as closed on record.
Source: BSE
