Finkurve Financial Services pays interest on NCDs ahead of due date

1 min read     Updated on 08 Jun 2026, 05:30 PM
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Reviewed by
Radhika SScanX News Team
AI Summary

Finkurve Financial Services paid interest totaling ₹1.63 crore on two NCD tranches (ISINs INE734I07065 and INE734I07024) on June 06, 2026, ahead of the June 07, 2026 due date. The payments covered monthly and quarterly interest obligations for issue sizes of ₹35 crore and ₹49 crore respectively.

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Finkurve Financial Services has paid interest totaling ₹1.63 crore on two Non-Convertible Debenture (NCD) tranches ahead of the scheduled due date of June 07, 2026. The payments, certified under Regulation 57 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, were processed on June 06, 2026, ensuring timely disbursement to all holders.

The company settled interest for two separate ISINs. The first tranche, identified by ISIN INE734I07065, carried an issue size of ₹35 crore and required a monthly interest payment. The second tranche, ISIN INE734I07024, had an issue size of ₹49 crore with a quarterly payment frequency. Both payments adhered to the record date of May 23, 2026.

Interest Payment Details

The following table outlines the specific payment details for both NCD tranches:

Particulars ISIN INE734I07065 ISIN INE734I07024
Issue Size ₹35,00,00,000 ₹49,00,00,000
Frequency Monthly Quarterly
Record Date May 23, 2026 May 23, 2026
Due Date June 07, 2026 June 07, 2026
Actual Payment Date June 06, 2026 June 06, 2026
Interest Paid ₹30,30,303 ₹1,33,41,159
Last Interest Date May 06, 2026 March 05, 2026

The intimation, signed by Kajal Parmar, Company Secretary & Compliance Officer, confirmed that there were no delays or reasons for non-payment. The company certified that the payments were made in accordance with the terms specified in the respective term sheets.

Historical Stock Returns for Finkurve Financial Services

1 Day5 Days1 Month6 Months1 Year5 Years
-0.26%+3.26%-13.06%-40.77%-45.89%-45.89%

Will Finkurve Financial Services maintain this early payment schedule for the remaining tenure of these NCDs?

How will this proactive debt servicing impact the company's cost of borrowing for future capital raises?

Does the early payment indicate an improvement in Finkurve's operating cash flows or liquidity position?

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Finkurve Financial Services pays interest on NCDs before due date

1 min read     Updated on 31 May 2026, 04:28 AM
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Reviewed by
Radhika SScanX News Team
AI Summary

Finkurve Financial Services has paid interest on two NCD tranches totaling ₹50 crore before the June 1 due date. The payments of ₹17.24 lakh and ₹25.79 lakh were made on May 30, 2026. The company confirmed compliance with SEBI regulations regarding the timely disbursement of funds.

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Finkurve Financial Services has completed interest payments for two tranches of Non-Convertible Debentures (NCDs) ahead of the scheduled due date of June 1, 2026. The company, acting through its Company Secretary & Compliance Officer Kajal Parmar, certified that the payments were made to all concerned NCD holders in accordance with the terms specified in the term sheet. The aggregate issue size for the securities covered by this intimation is ₹50 crore.

The interest payments were processed on May 30, 2026, against a record date of May 17, 2026. The payments cover two specific ISINs, with interest amounts totaling ₹43,04,436.45. The certification was submitted to BSE Limited and the National Stock Exchange of India Limited under Regulation 57 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The following table details the specific payments made for each NCD series:

Sr. No. Particulars Details (ISIN INE734I07040) Details (ISIN INE734I07057)
1. ISIN INE734I07040 INE734I07057
2. Issue Size Rs. 20,00,00,000 Rs. 30,00,00,000
3. Interest Amount to be paid on due date Rs. 17,24,651.45 Rs. 25,79,785.00
4. Frequency Monthly Monthly
5. Interest payment record date May 17, 2026 May 17, 2026
6. Due date for interest payment June 01, 2026 June 01, 2026
7. Actual date for interest payment May 30, 2026 May 30, 2026
8. Amount of interest paid Rs. 17,24,651.45 Rs. 25,79,785.00
9. Date of last interest payment April 29, 2026 April 29, 2026

The payments were made net of Tax Deducted at Source (TDS). There was no change in the frequency of payment for either tranche, and the company reported no delays or reasons for non-payment. The previous interest payment for both series was made on April 29, 2026. No redemptions were reported for the period covered by this filing.

Historical Stock Returns for Finkurve Financial Services

1 Day5 Days1 Month6 Months1 Year5 Years
-0.26%+3.26%-13.06%-40.77%-45.89%-45.89%

Will Finkurve Financial Services maintain this trend of early payments for future interest obligations?

How will these early payments impact the company's liquidity position over the coming quarters?

Could this proactive approach improve investor confidence and demand for future NCD issuances?

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1 Year Returns:-45.89%