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Hindustan Motors redeems second instalment of 10.25% NCDs

28 Sep 2017 Evaluate

Hindustan Motors has redeemed the second instalment of 10.25% Non-Convertible Secured Debentures, the payment of which was due on September 29, 2016 along with the interest (including the penal interest) thereon.

The said Debentures were allotted to the lenders (banks and financial institutions) against the payment of recompense of interest amount as approved by Corporate Debt Restructuring Empowered Group at its meeting held on June 28, 2014.

Hindustan Motors is engaged in the manufacture and sale of vehicles, spare parts of vehicles, steel products and components. The company is also engaged in trading of spare parts of vehicles.

Hindustan Motors Share Price

17.12 0.13 (0.77%)
17-Apr-2026 16:59 View Price Chart
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