Finkurve Financial Services Limited Details Interest Payment on Non-Convertible Debentures
Finkurve Financial Services Limited reported details regarding the interest payment made on its Non-Convertible Debentures (NCD). The company confirmed that the interest payment to all concerned NCD Holders was made before the due date as per the terms outlined in the Term Sheet.The details of the interest payment for the ISIN INE734I07065 are as follows. The payment frequency is monthly.
| Parameter | Detail |
|---|---|
| Issue Size | Rs. 35,00,00,000/- (Rupees Thirty Five Crores) |
| Interest Amount to be paid on due date (Net after TDS) | Rs. 29,85,682.19 (Rupees Twenty Nine Lakh Eighty Five Thousand Six Hundred Eighty Two and Nineteen Paise Only.) |
| Interest payment record date | March 23, 2026 |
| Due date for interest payment | April 07, 2026 |
| Actual date for interest payment | April 06, 2026 |
| Amount of interest paid | Rs. 29,84,829.19 (Rupees Twenty Nine Lakh Eighty Four Thousand Eight Hundred Twenty Nine and Nineteen Paise Only.) |
| Date of last interest payment | March 04, 2026 |
The reporting also noted a reason for a discrepancy in payments concerning certain Debenture Holders. The company stated that an interest amount of Rs. 853.00 (Rupees Eight Hundred Fifty Three Only) could not be credited due to incorrect bank account details as per depository records, and this amount has been reversed by the bank. Finkurve Financial Services Limited is reportedly in the process of obtaining updated bank details to re-initiate payment and will pay the amount once the correct details are received.
No details regarding redemption were provided, as all fields related to redemption were marked as Not Applicable.
FINKURVE Stock Price Movement
Today, Finkurve Financial Services Limited shares rallied, climbing 15.86% to settle at ₹61.81 after post-market trading. The equity showed strong investor interest, recording a total volume of 151,952 shares throughout the day.Source:
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