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Magma Fincorp informs about redemption of secured redeemable non-convertible debentures

19 Sep 2015 Evaluate

Magma Fincorp has informed that the Board of Directors of the Company at its meeting held on September 19, 2015, had approved Early Redemption of 1000 Nos. Secured Redeemable Non-Convertible Debentures of Rs 10,00,000 each (Series Z) (NCDs) issued to Franklin India Short Term Income Plan (formally Templeton India Short Term Income Plan). The said NCDs shall be redeemed on September 21, 2015.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
Bajaj Finance 1034.20
Shriram Finance 1028.00
Aditya Birla Capital 398.60
Tata Capital 362.80
Chola Invest & Fin. 1845.00
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