Trent redeems NCDs aggregating Rs 300 crore
On 20 September 2016
Trent has redeemed 3,000 Rated Listed Unsecured Redeemable Non - Convertible Debentures ("NCDs") of face value Rs. 10 lakhs each (allotted on April 06, 2015) at par on due date i.e. 20 September 2016. Total redemption amount was Rs. 300 crore. The said NCDs were listed on the Wholesale debt market segment of National Stock Exchange of India.Further, pursuant to Regulation 57(1) of SEBI (LODR), the Company has made full and timely payment of Principal along with interests upto the date of redemption i.e. 20 September 2016 to the holders of the aforesaid Debentures.
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