J.K. Cement Ltd. has released its half-yearly statement concerning listed privately placed debt securities for the period ending March 31, 2026. The disclosure details the current status of the outstanding debt, which was originally issued on March 21, 2023, and confirms the ongoing redemption schedule. The company continues to maintain its financial obligations toward debenture holders as per the agreed-upon terms.
Debt Instrument Overview
J.K. Cement Ltd. has provided a status update on its outstanding debt securities identified by ISIN INE823G07219. The debt, which carries a coupon rate of 7.90% paid on a half-yearly basis, was issued on March 21, 2023, with a final maturity date set for March 21, 2028. As of the end of the half-year on March 31, 2026, the outstanding amount of the debt stands at ₹50,00,00,000.
Redemption Schedule
The company is managing the debt through a structured redemption plan consisting of 8 equal installments. Starting from the 18th month after the date of allotment, the principal is being repaid in tranches of 12.5%. These payments are scheduled at fixed intervals extending up to the 60th month, ensuring a systematic reduction of the total liability. IDBI Trusteeship Services Ltd. serves as the appointed Debenture Trustee for this issuance.
Source: BSE
