MRF Limited has successfully completed the full redemption of its non-convertible debentures (NCDs) worth Rs 1,500.00 crore, along with the final interest payment, as disclosed in its regulatory filing dated April 13, 2026. The company submitted detailed compliance information to the National Stock Exchange of India Limited and Bombay Stock Exchange Limited as per SEBI circular requirements for maintaining centralized database of corporate bonds and debentures.

Debenture Redemption Details

The tire manufacturer completed the full redemption of its NCDs on February 24, 2026, coinciding with the maturity date of the debt securities. The debentures, carrying ISIN INE883A08016, were originally allotted on February 24, 2023, and listed on NSE three days later on February 27, 2023.

Interest Payment Completion

MRF made the final annual interest payment of Rs 103.06 crore on February 24, 2026, adhering to the scheduled payment timeline. The interest payment record date was set as February 9, 2026, and the company successfully met its payment obligations without any delays.

Credit Rating Status

The debentures maintained a strong credit rating throughout their tenure. CARE Ratings Limited assigned a CARE AAA rating with stable outlook, which was reaffirmed on September 29, 2025. The rating agency had previously reaffirmed the same rating on September 20, 2024, demonstrating consistent creditworthiness of the debt securities.

Regulatory Compliance

The filing was made pursuant to Chapter XIV of SEBI Circular No. SEBI/HO/DDHS/P/CIR/2021/613 dated August 10, 2021, updated on April 13, 2022. The company confirmed no defaults or delays in servicing any debt securities, maintaining its clean payment record. The document was digitally signed by S Dhanvanth Kumar, Company Secretary, on April 13, 2026.

MRF Limited has filed its quarterly compliance report for securities dematerialization activities for the quarter ended March 31, 2026. The tire manufacturer submitted the mandatory filing to both the National Stock Exchange of India and Bombay Stock Exchange on April 8, 2026, in compliance with Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018.

Quarterly Dematerialization Summary

During Q4FY26, MRF processed a total of 1,163 shares for dematerialization across both major depositories in India. The breakdown shows significant activity through both channels:

NSDL Dematerialization Activity

The National Securities Depository Limited processed 881 shares during the quarter, with the majority of transactions involving the Investor Education and Protection Fund. Key dematerialization dates included January 7, 2026, February 6, 2026, February 17, 2026, and March 30, 2026.

Significant individual shareholder transactions included:

• Shanthi Theodore: 10 shares dematerialized on January 19, 2026
• Ulhas Manu Salunke: 14 shares across multiple certificates on February 6, 2026
• Pritha Mukerjee: 33 shares across six certificates on February 6, 2026
• Govindrao Pralhadrao Deshmukh: 25 shares across two certificates on February 17, 2026

CDSL Dematerialization Details

Central Depository Services (India) Limited processed 282 shares during the quarter, involving several individual shareholders:

Regulatory Compliance

The company confirmed that all security certificates received for dematerialization were properly mutilated and cancelled after due verification by the respective Depository Participants. The names of the depositories have been substituted as registered owners in the Register of Members, ensuring complete compliance with regulatory requirements.

Company Secretary S Dhanvanth Kumar digitally signed the compliance documents on April 9, 2026. The filing included detailed certificates for both NSDL and CDSL, confirming that no shares were rematerialized during the quarter ended March 31, 2026.