Shree Renuka Sugars Ltd redeems NCDs worth Rs. 290 crores

Shree Renuka Sugars Ltd at its Finance Committee of the Board of Directors held on October 07, 2011 allotted 2,900, Secured, Redeemable Non-Convertible Debentures (NCDs) of Rs. 10,00,000/- each aggregating to Rs. 290,00,00,000/- (Rupees Two Hundred Ninety Crores only). The said NCDs were listed and admitted to dealing on Stock Exchange w.e.f. January 20, 2012, under F Group - Debt Instruments.

The said NCDs have been completely redeemed today, i.e. Tuesday, October 7, 2014 (being Maturity date). Therefore, we request you to kindly delist said NCDs bearing ISIN: INE087H07037 with immediate effect.

Shares of SHREE RENUKA SUGARS LTD. was last trading in BSE at Rs.16.75 as compared to the previous close of Rs. 16.35. The total number of shares traded during the day was 1479240 in over 2924 trades.

The stock hit an intraday high of Rs. 17.15 and intraday low of 16.25. The net turnover during the day was Rs. 24868732.

Source : Equity Bulls

Keywords