SRG Housing Finance Completes NCD Interest and Principal Payment Worth ₹58.90 Lakh
SRG Housing Finance Limited successfully completed monthly payments on its NCDs totaling ₹58.90 lakh on March 24, 2026, comprising interest payment of ₹19.51 lakh (after TDS) and principal redemption of ₹39.39 lakh. The partial redemption was executed on a pro-rata basis, leaving an outstanding balance of ₹240.30 crore on the ₹26 crore NCD issue.
*this image is generated using AI for illustrative purposes only.
SRG Housing Finance Limited has completed its scheduled monthly interest and principal payment on its secured redeemable non-convertible debentures (NCDs) on March 24, 2026. The company fulfilled its obligations under the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015, making payments totaling ₹58.90 lakh to debenture holders.
Interest Payment Details
The company made its monthly interest payment on the NCDs with ISIN INE559N07066. The payment was processed on the due date of March 24, 2026, with the record date set as March 9, 2026.
| Parameter: | Details |
|---|---|
| Interest Amount Due: | ₹21.58 lakh |
| Actual Interest Paid: | ₹19.51 lakh |
| Payment Frequency: | Monthly |
| Last Interest Payment: | February 24, 2026 |
| TDS Status: | Deducted |
The difference between the due amount and actual payment reflects the deduction of tax at source (TDS) as per regulatory requirements.
Principal Redemption Transaction
SRG Housing Finance executed a partial redemption of its NCDs through face value redemption on a pro-rata basis. The redemption was categorized as "monthly redemption" under the company's structured repayment schedule.
| Redemption Parameter: | Details |
|---|---|
| Redemption Type: | Partial (Face Value) |
| Amount Redeemed: | ₹39.39 lakh |
| Redemption Method: | Pro-rata basis |
| Due Date: | March 24, 2026 |
| Actual Payment Date: | March 24, 2026 |
| Outstanding Balance: | ₹240.30 crore |
NCD Issue Structure
The non-convertible debentures were issued through private placement and are listed on BSE Limited. The issue comprises rated, secured, senior, transferable, and redeemable instruments with specific structural features.
| Issue Details: | Specifications |
|---|---|
| Total NCDs: | 2,600 units |
| Face Value per NCD: | ₹1.00 lakh |
| Total Issue Size: | ₹26.00 crore |
| Green Shoe Option: | ₹1.00 crore |
| ISIN: | INE559N07066 |
| Scrip Code: | 977242 |
Regulatory Compliance
The payment execution demonstrates SRG Housing Finance's adherence to regulatory timelines and disclosure requirements. The company reported no delays or non-payment issues, with all transactions completed on their respective due dates. The structured monthly payment approach provides regular cash flows to debenture holders while maintaining the company's debt service obligations.
The successful completion of both interest and principal payments on schedule reflects the company's commitment to honoring its debt obligations and maintaining investor confidence in its financial instruments.
Access 50+ Readymade Screeners 
Use 200+ Custom Filters 
Get Full Market Insights 
