Jayaswal Neco Industries Limited has announced its intention to exercise an early repayment option on its 3,200 secured, unrated, unlisted, redeemable, fully paid non-convertible debentures. The face value of these debentures is ₹1,00,000 each, aggregating up to ₹3,200 Crores.
The decision was approved at a meeting of the Committee of Directors held on August 12, 2025, which commenced at 1:45 P.M. and concluded at 2:15 P.M. This early repayment option is in accordance with the Debenture Trust Deed dated December 7, 2023, between Vistra ITCL (India) Limited (Debenture Trustee) and the Company.
The company will redeem the outstanding amount of the debentures in full on any of the mentioned dates along with final interest due.
| Sr. No. | Particulars | Details |
|---|---|---|
| 1 | ISIN | INE854B07033 |
| 2 | Type of redemption (full/ partial) | Full |
| 3 | If partial redemption then | Not applicable |
The record date for the redemption of the outstanding debentures and payment of interest is set for Friday, December 5, 2025. The exercise of the early repayment option involves redeeming the outstanding principal amount together with the final accrued interest due on Tuesday, Wednesday, Thursday, or Friday, being 9th, 10th, 11th, or 12th December, 2025.
This information is also available on the company's website.
A copy of the Early Repayment Option Notice dated August 12, 2025, has been issued to the Debenture Trustee, indicating the company's intent to fully redeem the debentures.
The record date for the redemption of the outstanding amount of Debentures pursuant to the exercise of the Early Repayment Option by the Company and payment of interest due thereon are as follows:
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