Corporate News     09-Jun-23
RattanIndia Power update on redemption of NCDs
RattanIndia Power announced that ADITYA BIRLA ARC LIMITED (ARC) acting in its capacity as the trustee of the ABARC-AST-002 TRUST, the debenture holder, holding inter – alia 1,96,500 Non-Convertible Debentures (NCDs) of face value Rs. 1,00,000/- each (issued in December 2020), has amended the documents leading to modification in the date of redemption for the balance outstanding to 19 June 2023. Further, the Company has been servicing its debt along with applicable interest.

The outstanding amount payable against these NCDs is approx. Rs. 461.25 crore as on 09 June 2023, for which the Company has signed a term sheet for availing a refinancing facility to repay.

Previous News
  RattanIndia Power to discuss results
 ( Corporate News - 19-Jul-23   12:11 )
  RattanIndia Power to conduct board meeting
 ( Corporate News - 14-May-19   12:45 )
  RattanIndia Power appoints director
 ( Corporate News - 28-Dec-22   18:38 )
  Rattanindia Power Ltd leads losers in 'A' group
 ( Hot Pursuit - 14-Sep-22   15:00 )
  National Fertilizer Ltd leads losers in 'A' group
 ( Hot Pursuit - 18-Apr-23   15:00 )
  Rattanindia Power MD resigns
 ( Corporate News - 04-Jun-22   13:45 )
  Indiabulls Power reports net loss of Rs 4.77 crore in the March 2014 quarter
 ( Results - Announcements 13-May-14   14:47 )
  Rattanindia Power reports consolidated net loss of Rs 141.19 crore in the December 2014 quarter
 ( Results - Announcements 14-Feb-15   08:38 )
  Indiabulls Power's secured and unsecured creditors of the company approves the scheme of arrangement
 ( Corporate News - 02-Jul-11   11:37 )
  RattanIndia Power to announce Quarterly Result
 ( Corporate News - 02-Feb-19   11:57 )
  Rattanindia Power reports consolidated net loss of Rs 586.97 crore in the December 2023 quarter
 ( Results - Announcements 23-Jan-24   17:46 )
Other Stories
  Gujarat Natural Resources to convene board meeting
  05-Oct-24   17:43
  Narmada Macplast Drip Irrigation Sys. to convene board meeting
  05-Oct-24   17:43
  Grill Splendour Services to conduct board meeting
  05-Oct-24   17:43
  Consolidated Construction Consortium to hold board meeting
  05-Oct-24   17:43
  Visagar Polytex to announce Quarterly Result
  05-Oct-24   17:42
  GNA Axles to convene board meeting
  05-Oct-24   17:42
  Fidel Softech to conduct board meeting
  05-Oct-24   17:42
  Rita Finance & Leasing announces board meeting date
  05-Oct-24   17:42
  Pelatro to conduct EGM
  05-Oct-24   17:36
  Thinkink Picturez to hold AGM
  05-Oct-24   17:35
Back Top