Share India Securities Limited has announced the partial redemption of its Non-Convertible Debentures (NCDs) issued on a private placement basis. The redemption affects NCDs with ISINs INE932X07023 and INE932X07031. The principal amount redeemed per unit for the first ISIN is ₹37,500, and for the second ISIN, it is ₹62,500. These payments were completed on September 10, 2026.
Partial Redemption of NCDs Announced
Share India Securities Limited has formally disclosed the partial redemption of its privately placed Non-Convertible Debentures (NCDs). This action is in accordance with the terms of issue for these financial instruments.
Details of Redeemed NCDs
The company has redeemed NCDs categorized under two distinct ISINs:
- ISIN: INE932X07023 (‘NCD under Series – A’): The face value per NCD prior to redemption was ₹50,000. Post-redemption, the face value stands at ₹37,500, representing a redemption amount of ₹12,500 per NCD.
- ISIN: INE932X07031 (‘NCD Second Issue’): The face value per NCD prior to redemption was ₹75,000. Post-redemption, the face value is now ₹62,500, indicating a redemption amount of ₹12,500 per NCD.
Payment Completion
All payments related to this partial redemption were finalized by the company on September 10, 2026, at 01:09 p.m. This event marks a reduction in the company’s outstanding debt obligations.
Source: BSE
