Solar Industries India Limited announced the timely payment of interest and principal on the partial redemption of its 292 Non-Convertible Debentures (NCDs). The interest amount paid was ₹42,37,940.60 before TDS, with a net payable amount of ₹38,14,146.54. The company redeemed 292 NCDs, amounting to ₹2,91,66,667 on September 22, 2025, as part of the maturity process.
NCD Redemption Details
Solar Industries India Limited has completed a partial redemption of its Non-Convertible Debentures (NCDs). The ISIN for these debentures is INE343H08024. The original issue size was ₹35 Crores. As of September 22, 2025, the outstanding amount after the redemption is ₹17,49,99,998.
Interest Payment Information
The interest amount due on September 22, 2025, was ₹42,37,940.60. After deducting TDS at 10% (₹4,23,794.06), the net interest payable amounted to ₹38,14,146.54. This interest payment was for the quarterly cycle, with the previous interest payment made on June 20, 2025. The interest payment record date was September 5, 2025.
Redemption Specifics
The company redeemed 292 NCDs on September 22, 2025, amounting to ₹2,91,66,667. This partial redemption was based on a lot basis and was part of the maturity process of the debentures.
Source: BSE
