Gayatri Projects has redeemed the third and final tranche of its debentures, including Interest and principal on the maturity date December 1, 2015. These NCDs were issued in the year 2010-11. The value of this tranche amounted to Rs 2,080 lakh. Post this transaction, all debentures active under ISM INE336H07038 (Series-Ill, the final series) stand extinguished and are suspended from trading with effect from December 1, 2015.
The company had in FY2011, issued 520, 11.50% Secured Redeemable Non-Convertible Debentures (NCDs) of Rs.10,00,000/- each on private placement in the form of Separately Transferable Redeemable Principal Parts (STRPPs) for cash at par aggregating Rs 5,200 lakh. The debentures were redeemable in the 3rd, 4th and 5th years in the ratio of 30:30:40. The Company has completed the redemption process in line with the designated schedule - redeeming the first tranche of Rs.1,560 lakh in December 2013, and the second tranche of Rs.1,560 lakh in August 2015.
Gayatri Projects is a Hyderabad-based infrastructure and construction company with a presence across the segment, primarily undertaking road and irrigation projects.
| Company Name | CMP |
|---|---|
| Larsen & Toubro | 4094.95 |
| Rail Vikas Nigam | 303.10 |
| NCC | 161.30 |
| KEC International | 580.10 |
| Kalpataru Projects | 1232.90 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: