'Intimation of Record date of interest payment for Non-Convertible Debentures'
As filed · Jindal Stainless Limited has informed the Exchange regarding 'Intimation of Record date of interest payment for Non-Convertible Debentures'.
What happened
FactJindal Stainless Ltd. has fixed the record date for interest payment on its listed, rated, secured, redeemable, non-convertible debentures. The record date is September 4, 2025, for the payment of interest at a rate of 8.62% per annum, which is due on September 28, 2025.
Why it matters
CapitSignal interpretationRaising capital changes the share count or the debt load, and the stated use of proceeds is a commitment that can later be checked.
What management said before
Prior statements by this company that CapitSignal has recorded changing.
Demand
RevisedIn FY ‘25, we delivered our highest ever sales volume, an increase of 9% on a year-on-year basis, despite our exports falling 24% during the period, showcasing robustness in domestic demand for stainless steel.
We delivered record sales on a sequential basis to 642,641 metric tons in Q4, an increase of 13% year-on-year and 9% on quarter-on-quarter on the back of robust domestic demand.
Change
FactImplication
CapitSignal interpretationWatch next
Fact- Instrument and amount finally raised
- Stated use of proceeds
- Whether the enabling resolution is actually used
- With these investments, our value-added capabilities will be enhanced, increasing CRAP capacity to 2.67 millio (management committed by FY28)
- The company aims to reduce carbon emission intensity by 50% until FY 2035 and achieve Net Zero by 2050. (management committed by FY35)
Evidence
- Jindal Stainless Limited has informed the Exchange regarding 'Intimation of Record date of interest payment for Non-Convertible Debentures'.(opens the original filing in a new tab)
- Earlier statement · FY25
- Latest statement · FY25
- Earlier statement · Q4 FY26
How CapitSignal classified this
- Reasoning:
- FUNDRAISE base 58; +5 quantified amount; +3 quantified percentage; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 75%