Ashima Limited Exercises Call Option for Partial Early Redemption of NCDs
Ashima Limited announced on March 19, 2026, that it has exercised its call option for the partial early redemption of its unlisted, secured, non-convertible debentures (NCDs). The redemption will be executed not through cancellation but by reducing the paid-up value of existing NCDs, as stipulated in the Debenture Trust Deeds dated March 16, 2023, and April 18, 2024.Two debenture holders are involved in this partial redemption: Union Pvt Ltd and Sharanam Metrolinks LLP. The total amount to be redeemed from both holders is ₹200 million.Redemption Details for Union Pvt Ltd:NCDs Issued: 750 NCDs (₹27,500 each)
Amount to be Redeemed: ₹200 million
Balance NCDs...