Mankind Pharma Completes Interest Payment and Full Redemption of Non-Convertible Debentures Worth ₹12,50,00,00,000
Mankind Pharma Limited successfully completed interest payments and full redemption of Non-Convertible Debentures on April 16, 2026. The company paid ₹1,989,534,267 in gross interest across three ISIN series and redeemed ₹12,50,00,00,000 worth of NCDs upon maturity. All payments were made on schedule with no outstanding amounts remaining, demonstrating strong debt servicing capabilities.

*this image is generated using AI for illustrative purposes only.
Mankind Pharma Limited has successfully completed the payment of interest and full redemption of its Non-Convertible Debentures (NCDs) on April 16, 2026, as communicated to BSE Limited under Regulation 57(1) of the SEBI Listing Regulations.
Interest Payment Details
The company paid interest across three different ISIN series with a total gross amount of ₹1,989,534,267. All payments were made on the scheduled due date of April 16, 2026, with the record date set as April 1, 2026.
| ISIN Series | Issue Size (₹) | Gross Interest Amount (₹) | Net Interest Amount (₹) |
|---|---|---|---|
| INE634S07017 | 12,50,00,00,000 | 498,006,855 | 477,488,970 |
| INE634S07025 | 12,50,00,00,000 | 498,006,853 | 497,010,839 |
| INE634S07033 | 25,00,00,00,000 | 993,520,559 | 992,693,949 |
All three series follow a half-yearly payment frequency, with the last interest payment made on October 16, 2025. The company reported no delays or issues in the payment process.
NCD Redemption Completion
Mankind Pharma completed the full redemption of NCDs under ISIN INE634S07017 upon maturity. The redemption was executed on the scheduled due date without any delays.
| Parameter | Details |
|---|---|
| Redemption Type | Full |
| Reason for Redemption | Maturity |
| Quantity Redeemed | 1,25,000 NCDs |
| Amount Redeemed | ₹12,50,00,00,000 |
| Outstanding Amount | ₹0 |
| Redemption Date | April 16, 2026 |
Regulatory Compliance
The payment and redemption activities were conducted in accordance with SEBI Master Circular No. SEBI/HO/DDHS/DDHS-PoD/P/CIR/2025/000000137 dated October 15, 2025. The company has uploaded all relevant information on its official website at www.mankindpharma.com for stakeholder access.
The successful completion of both interest payments and NCD redemption demonstrates Mankind Pharma's commitment to timely debt servicing and regulatory compliance. The company secretary and compliance officer, Hitesh Kumar Jain, signed the intimation digitally on April 16, 2026.
Historical Stock Returns for Mankind Pharma
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.11% | +7.75% | +17.64% | -7.49% | -10.93% | +59.42% |
Will Mankind Pharma issue new NCDs or explore alternative debt financing options to replace the redeemed ₹1,250 crore debentures?
How might the successful debt redemption impact Mankind Pharma's credit rating and borrowing costs for future fundraising activities?
What are Mankind Pharma's capital allocation priorities now that it has freed up significant debt obligations from its balance sheet?


































