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.
| Company Name | CMP |
|---|---|
| Tata MotorsPassenger | 360.15 |
| Maruti Suzuki | 13452.25 |
| Mahindra & Mahindra | 3199.35 |
| Hyundai Motor India | 1901.25 |
| Mercury Metals | 35.39 |
| 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: