Solar Industries fulfills NCD interest and partial redemption obligations

Solar Industries India Limited announced it has made the timely payment of interest and a partial principal redemption for 50 Non-Convertible Debentures (NCDs), with ISIN INE343H08016. The payment occurred on the due date of September 23, 2025.

The total interest amount paid was INR 20,66,849.32, which after a 10% TDS deduction of INR 2,06,684.93, resulted in a net interest payment of INR 18,60,164.39. This interest payment follows a quarterly frequency, with the last payment made on June 23, 2025.

In addition to the interest, the company completed a partial redemption of 50 NCDs, amounting to INR 5,00,00,000, reducing the outstanding amount to INR 5,00,00,000. This redemption occurred on the same date as the interest payment, September 23, 2025.