TARC Limited has successfully completed an interest payment of ₹68.62 crore on its Non-Convertible Debentures (NCDs), demonstrating its commitment to meeting debt obligations. The company made the payment on March 27, 2026, three days ahead of the scheduled due date of March 31, 2026.

Interest Payment Details

The interest payment pertains to NCDs with ISIN INE0EK907050, which have a total issue size of ₹409.00 crore. The payment structure follows a yearly frequency, with the record date established as March 16, 2026.

Regulatory Compliance

TARC Limited has informed both BSE Limited and National Stock Exchange of India Limited about the interest payment pursuant to Regulation 30, 51 and 57 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The notification was made in compliance with SEBI Master Circulars dated July 11, 2025 and October 15, 2025.

Corporate Communication

The company's intimation was signed by Amit Narayan, Company Secretary (A20094), and submitted on March 28, 2026. The communication confirms that no changes were made to the payment frequency, and there were no delays or issues with the interest payment process.

The timely completion of this interest payment reflects the company's financial discipline and commitment to honoring its debt obligations to NCD holders.

TARC has unveiled its latest residential venture 'Ishvara' in Sector 63A, Gurugram, marking a significant expansion in the National Capital Region's premium housing segment. The project represents a substantial investment of ₹3,600 crores and demonstrates the company's commitment to developing large-scale residential communities following RERA approval for the additional phase.

Project Specifications and Strategic Expansion

The Ishvara project encompasses comprehensive residential development enabled by strategic acquisition of an adjoining land parcel. The development showcases TARC's focus on creating integrated residential communities in prime locations along Golf Course Extension Road.

Design Philosophy and Architecture

Ishvara represents the refined articulation of TARC Ishva's core philosophy of Four-side Open Residences. Each residence is designed to remain open on all four sides, enabling abundant natural light, continuous cross-ventilation, uninterrupted panoramic views and enhanced privacy within a vertical setting. The development integrates design language informed by the Golden Ratio and Indian spatial planning principles, featuring central greens inspired by the Brahmasthan and private elevator cores for each residence.

Management Commentary

Commenting on the launch, Mr. Amar Sarin, Managing Director & CEO, TARC Limited, stated: "Ishvara is not simply another development, it is the completion of a vision. The strong customer response reinforces the growing preference for thoughtfully designed, open living environments. With Ishvara, we are not only expanding the scale of the development, but elevating its original design intent."

Strategic Market Positioning

The launch of Ishvara reinforces TARC's presence in the competitive Gurugram real estate market. Strategically located along Golf Course Extension Road, the project offers seamless connectivity to key commercial hubs, educational institutions, healthcare facilities and lifestyle destinations while maintaining a low-density living environment. This launch marks the inception of a broader development pipeline with upcoming developments envisioned at significantly larger scale, strengthening the company's leadership in the capital's luxury residential sector.