Vertis Infrastructure Trust sets record date of March 16, 2026 for NCD redemptions and interest payments

Business Desk — Mon, 09 Mar 2026 13:49:32 +0000

Vertis Infrastructure Trust (formerly known as Highways Infrastructure Trust) has notified the record date of March 16, 2026 for partial redemption and interest payments on its non-convertible debentures (NCDs), pursuant to Regulation 60(2) of the SEBI Listing Obligations and Disclosure Requirements.

The trust has announced record dates for four series of NCDs maturing on March 31, 2026. The 8.25 per cent Senior Secured Series II comprises 2,500 NCDs with a current face value of ₹9,60,000 per NCD, with ₹5,000 per NCD to be redeemed, reducing the post-redemption face value to ₹9,55,000. The 8.34 per cent Senior Secured Series III consists of 50,000 NCDs with a face value of ₹1,00,000 per NCD; interest will be paid without redemption. The 7.40 per cent Senior Secured Series IV includes 90,000 NCDs with a current face value of ₹99,767.50 per NCD, with ₹77.50 per NCD to be redeemed, resulting in a post-redemption face value of ₹99,690. The 6.95 per cent Senior Secured Series V comprises 80,000 NCDs with a face value of ₹1,00,000 per NCD; interest will be paid without redemption.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

This article is written by Business Desk and reviewed by Markets Desk before publication.

Steel Exchange India pays Rs 1.81 crore interest on non-convertible debentures

Business Desk — Mon, 09 Mar 2026 06:04:38 +0000

Steel Exchange India has successfully completed the payment of interest amounting to ₹1,80,78,368 to the holders of its Secured Non-Convertible Debentures (NCDs). The payment, which was due on 7th March 2026, was made on the same date, ensuring timely fulfilment of its obligations.

The debentures, identified by the ISIN INE503B07044, have an issue size of ₹382.8 crore. The interest payments are made on a monthly basis, with the last payment having been made on 7th February 2026. The record date for the recent interest payment was set for 6th March 2026.

Steel Exchange India has maintained a consistent schedule of interest payments on its NCDs, with no changes in the frequency of these payments. The company has not reported any delays or non-payments, reflecting its commitment to meeting financial obligations promptly.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

This article is written by Business Desk and reviewed by News Desk before publication.

Interest Payment | Business Upturn

Vertis Infrastructure Trust sets record date of March 16, 2026 for NCD redemptions and interest payments

Steel Exchange India pays Rs 1.81 crore interest on non-convertible debentures