MRF has successfully completed the redemption of its listed unsecured non-convertible debentures on the scheduled maturity date of February 24, 2026. The company redeemed 15,000 NCDs with a total value of ₹150 crores and paid ₹10.31 crores as interest, fulfilling its complete debt obligations to investors.

Regulatory Compliance and Documentation

The company has issued a certificate under Regulation 57 of SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015, confirming the timely payment of both redemption amount and interest. This regulatory filing demonstrates MRF's adherence to compliance requirements and transparency in debt servicing.

Payment Schedule and Timeline

The redemption was executed precisely on the maturity date with the interest payment record date set as February 9, 2026. The company maintained its annual interest payment frequency, with the last interest payment having been made on February 24, 2025. The punctual execution reflects MRF's commitment to meeting its debt obligations as scheduled.

Financial Impact and Completion

With this redemption, MRF has completely cleared its NCD obligations, with the outstanding amount now standing at nil. The successful completion of the full redemption demonstrates the company's strong financial position and cash flow management capabilities. The timely payment reinforces investor confidence in MRF's financial reliability and adherence to its debt servicing commitments.

MRF Limited has filed a security cover certificate with stock exchanges for its unsecured non-convertible debentures, complying with regulatory requirements set by the Securities and Exchange Board of India.

Regulatory Compliance Filing

The Chennai-based tyre manufacturer submitted the certificate on February 6, 2026, to both the National Stock Exchange of India Limited and Bombay Stock Exchange Limited. The filing was made pursuant to SEBI Circular No. SEBI/HO/MIRSD/MIRSD_CRADT/CIR/P/2022/67 dated May 19, 2022.

Debenture Characteristics

The security cover certificate pertains to unsecured non-convertible debentures issued by MRF Limited on a private placement basis. These debentures are currently listed on the National Stock Exchange of India Limited.

The company explicitly stated in the certificate that the details are "Not Applicable, Since the outstanding Non-Convertible Debentures issued by the Company are Unsecured debentures." This classification means no specific assets have been pledged as security for these debt instruments.

Certificate Structure

The certificate includes a comprehensive annexure with multiple columns covering various aspects of asset security, including exclusive charges, pari passu charges, and asset valuations. However, given the unsecured nature of the debentures, the detailed asset classification table remains largely inapplicable.

Corporate Information

MRF Limited, with its registered office at 114, Greams Road, Chennai - 600 006, operates under CIN L25111TN1960PLC004306. The company maintains its corporate website at www.mrftyres.com and can be reached at mrfshare@mrfmail.com .

The filing represents routine regulatory compliance for the company's debt securities and ensures transparency for investors and regulatory authorities regarding the security structure of the outstanding debentures.

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