Executive Summary
The May 29, 2026 debt securities filings paint a picture of a highly compliant and liquid market, with 35 filings dominated by routine interest payments, redemptions, and capital raising activities. A key theme is the proactive debt management by several issuers, with multiple companies making payments early due to bank holidays, indicating strong cash flow management.
The period-over-period data from EarlySalary Services shows a standout performance with 37.2% total income growth and a 64.7% surge in net profit, though elevated impairment costs signal asset quality concerns. The most material event is Vertis Infrastructure Trust's ₹725 crore commercial paper issuance at competitive yields (7.55%-7.75%), backed by the highest short-term credit rating (CRISIL A1+), signaling strong investor demand for high-quality short-term paper. A notable outlier is Credit Wise Capital, which reported a technical glitch causing a short payment to four debenture holders, a minor but noteworthy operational risk. Overall, the market shows no systemic stress, with all major debt servicing obligations met on time, but the data suggests a bifurcation between high-growth fintech lenders (EarlySalary) and more stable, lower-growth entities like PSUs (NHPC, HUDCO).
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Filing types in this digest: Debt securities
Tracking the trend? Catch up on the prior India Debt Bond Securities SEBI Regulatory Filings digest from May 28, 2026.
Investment Signals (10)
- EarlySalary Services (BULLISH)▲
Total income surged 37.2% YoY to ₹12,885.77 Cr, with net profit up 64.7% to ₹1,649.82 Cr, and Q4 net profit jumped 91.3% QoQ, indicating accelerating momentum. However, impairment on financial instruments remained elevated at ₹2,693.65 Cr, a key risk.
- Vertis Infrastructure Trust (BULLISH)▲
Issued ₹725 Cr in CPs at 7.55%-7.75% yield with CRISIL A1+ rating (highest short-term), indicating strong credit quality and investor appetite for infrastructure debt. The 90/91-day tenors suggest short-term working capital needs.
- NHPC Limited ↓ (BULLISH)▲
Raised ₹2,000 Cr via 15-year bonds at 7.67% with a unique 10-equal-instalment redemption structure starting year 6, offering predictable cash flows for long-term investors. This is a significant capital raise for a PSU hydro player.
- Shriram Finance ↓ (BULLISH)▲
Paid ₹19.20 Cr in interest early due to bank holiday, demonstrating proactive treasury management. The ₹200 Cr NCD and ₹15 Cr sub-debt payments were made without delay.
- Poonawalla Fincorp ↓ (BULLISH)▲
Paid ₹90.82 Cr annual interest on a ₹1,225 Cr NCD on time, reflecting strong liquidity. The large single payment underscores the company's significant debt servicing capacity.
- Piramal Finance ↓ (BULLISH)▲
Fully redeemed a ₹100 Cr NCD (ISIN INE140A07732) on maturity with zero outstanding, signaling clean balance sheet management and reduced leverage.
- Avanse Financial Services (BULLISH)▲
Fully redeemed a ₹500 Cr NCD on maturity, paying ₹11.87 Cr final interest, demonstrating strong cash flow generation and debt reduction.
- Credit Wise Capital (BEARISH)▲
Reported a short payment of ₹8,959.93 due to technical glitch (incorrect account numbers/IFSC for 4 holders), a minor but notable operational failure. The company attributed it to a 'technical glitch' not impairment, but it raises questions about payment infrastructure.
- State Bank of India ↓ (BULLISH)▲
Priced a USD 200 million tap of its 4.50% bond due 2030, listing on SGX and GIFT City, indicating continued access to international capital markets at competitive rates.
- Lodha Developers ↓ (BEARISH)▲
Filed a clarification on face value of redeemed debentures, with one ISIN seeing a ₹5,477 reduction per debenture due to escrow account shortfall, indicating potential cash flow mismatch at the project level.
Risk Flags (8)
- EarlySalary Services / Asset Quality [HIGH RISK]▼
Impairment on financial instruments remained elevated at ₹2,693.65 Cr despite 37% revenue growth. This suggests rising credit stress in the fintech lending space, potentially leading to future provisions.
- EarlySalary Services / Cost Inflation [MEDIUM RISK]▼
Other expenses grew 47.7% YoY to ₹3,549.16 Cr, significantly outpacing revenue growth of 37.2%, indicating margin pressure from operational costs.
- Credit Wise Capital / Operational Failure [MEDIUM RISK]▼
A short payment of ₹8,959.93 to 4 debenture holders due to technical glitch (incorrect account details/IFSC) is a red flag for payment infrastructure reliability. While small, it could indicate systemic issues.
- Lodha Developers / Escrow Shortfall↓ [MEDIUM RISK]▼
The face value of redeemed debentures for ISIN INE670K07349 was reduced by ₹5,477 per debenture due to insufficient funds in the escrow account, signaling potential cash flow constraints at the project level.
- Shree Renuka Sugars / Restructuring History↓ [LOW RISK]▼
The NCDs had terms restructured by BSE in December 2023, resulting in new ISINs. While payments are now timely, the past restructuring indicates previous financial stress.
- ANUPAM FINSERV / Unrated Debt↓ [MEDIUM RISK]▼
Issuing unlisted, unrated NCDs at 12% coupon (high for secured debt) suggests a higher risk profile. The lack of listing and rating limits transparency and liquidity for investors.
- MTNL / PSU Financial Health [MEDIUM RISK]▼
While MTNL funded interest on time, the company is a financially stressed PSU. The 7.87% coupon on its bond is relatively high, reflecting perceived risk. Continued reliance on escrow funding for payments is a watch item.
- Mizuho Capsave / Partial Redemption [LOW RISK]▼
While timely, the partial redemption of ₹12.5 Cr on a single series leaves ₹87.5 Cr outstanding. Investors should monitor the remaining amortization schedule for future liquidity events.
Opportunities (8)
- Vertis Infrastructure Trust / Short-Term Yield Play (OPPORTUNITY)◆
The 90/91-day CPs at 7.55%-7.75% with CRISIL A1+ rating offer attractive risk-adjusted returns for short-term investors. The high rating and infrastructure backing make it a high-quality liquid instrument.
- NHPC Limited / Long-Term Bond Play↓ (OPPORTUNITY)◆
The 7.67% 15-year bond with annual instalment redemption from year 6 offers a unique structure for long-term investors seeking predictable cash flows. The PSU backing adds safety.
- EarlySalary Services / High-Growth Fintech Play (OPPORTUNITY)◆
Despite asset quality concerns, the 64.7% net profit growth and 91.3% QoQ Q4 profit surge suggest strong operational leverage. If impairment costs stabilize, the stock could re-rate.
- State Bank of India / International Bond Tap↓ (OPPORTUNITY)◆
The USD 200 million tap at 4.50% offers international investors exposure to India's largest bank with a 5-year tenor. The listing on SGX and GIFT City provides liquidity.
- HUDCO / Government-Backed Bond (OPPORTUNITY)◆
The 8.52% semi-annual bond (GoI Fully Serviced) offers a high yield with sovereign backing, a rare combination. The ₹86.61 Cr interest payment confirms timely servicing.
- THDC India Limited / PSU Bond Yield (OPPORTUNITY)◆
The 7.76% annual bond with ₹750 Cr issue size offers a solid yield from a PSU. The timely payment history (last payment May 29, 2025) confirms reliability.
- Paisalo Digital / Short-Term CP Play↓ (OPPORTUNITY)◆
The ₹30 Cr CP was fully redeemed on maturity, indicating good short-term credit quality. Future CP issuances could offer attractive yields for short-term investors.
- Navi Finserv / Multiple NCD Payments (OPPORTUNITY)◆
Paid ₹323.35 Lakh interest across three NCDs on time, with some payments made early. This demonstrates strong liquidity and could be a reliable income source for bond investors.
Sector Themes (6)
- Fintech Lending Growth vs. Asset Quality◆
EarlySalary Services shows strong growth (37% revenue, 65% profit), but elevated impairment costs (₹2,693 Cr) highlight the inherent risk in unsecured lending. Other fintechs like Navi Finserv and Paisalo Digital show timely debt servicing, suggesting a bifurcation between high-growth/high-risk and stable players.
- Proactive Debt Management◆
Multiple companies (Shriram Finance, Shree Renuka Sugars, Aadhar Housing, Jio Credit) made interest payments early due to bank holidays, indicating strong treasury management and a culture of avoiding defaults. This is a positive signal for the overall debt market health.
- PSU Bond Issuance Dominance◆
NHPC (₹2,000 Cr) and HUDCO (₹86.61 Cr interest) highlight the continued dominance of PSUs in the bond market, offering relatively high yields (7.67%-8.52%) with sovereign backing. This provides a safe haven for yield-seeking investors.
- Commercial Paper Market Activity◆
Vertis Infrastructure Trust (₹725 Cr) and Bajaj Financial Securities (₹150 Cr) show active CP issuance and redemption. The short tenors (90-91 days) and high ratings (CRISIL A1+) indicate strong demand for high-quality short-term paper, likely from money market funds.
- Technical Glitch Risk in Payments◆
Credit Wise Capital's short payment due to incorrect account details/IFSC highlights operational risks in the debt payment ecosystem. While isolated, it underscores the need for robust payment infrastructure and investor verification processes.
- NCD Redemption Activity◆
Multiple companies (Piramal Finance, Avanse Financial, Muthoot Capital) fully or partially redeemed NCDs, indicating deleveraging or refinancing activity. This trend could reduce outstanding debt in the market, potentially tightening credit supply.
Watch List (8)
- EarlySalary Services / Asset Quality👁
Watch for future impairment trends. If impairment as a % of revenue declines, it could signal improving underwriting. Next quarterly results will be critical.
- Credit Wise Capital / Payment Glitch👁
Monitor if the short payment is resolved and if any further technical issues arise. A repeat could damage investor confidence.
-
Watch for the revised BSE notice and any further clarifications. The ₹5,477 reduction per debenture is a red flag for project-level cash flows.
- MTNL / Interest Payment (June 1, 2026)👁
The funding was completed on May 27, but the actual payment date is June 1. Confirm that the payment is made to bondholders without issue.
-
Monitor future interest payments on the restructured NCDs. While current payments are timely, the past restructuring warrants continued vigilance.
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Watch for any future listing plans or rating actions. The 12% coupon is high, and the unlisted nature limits exit options for investors.
- Vertis Infrastructure Trust / CP Maturity (Aug 27-28, 2026)👁
The ₹725 Cr CPs mature in late August. Watch for redemption confirmation or any rollover announcements.
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The bonds were allotted on May 29, 2026. Watch for listing on stock exchanges and initial trading volumes to gauge investor demand.
Filing Analyses
(35)
29-05-2026
EarlySalary Services Private Limited reported a 37.2% increase in total income to ₹12,885.77 Cr for FY26, driven by strong revenue from operations. Net profit after tax rose 64.7% to ₹1,649.82 Cr. However, impairment on financial instruments remained elevated at ₹2,693.65 Cr, and other expenses grew 47.7% to ₹3,549.16 Cr, indicating rising operational costs.
- · The audit report received an unmodified (clean) opinion from statutory auditors Batliboi & Purohit.
- · Revenue from operations for Q4 FY26 was ₹4,092.83 Cr, up 21.9% QoQ from ₹3,355.87 Cr in Q3 FY26.
- · Net profit for Q4 FY26 was ₹660.01 Cr, up 91.3% QoQ from ₹345.04 Cr in Q3 FY26.
- · Earnings per share (basic) for FY26 was ₹8.89, compared to ₹5.85 in FY25.
- · Debt securities outstanding increased to ₹16,721.32 Cr as at March 31, 2026 from ₹7,895.77 Cr a year ago.
- · Cash and cash equivalents stood at ₹4,177.08 Cr as at March 31, 2026, up from ₹1,565.79 Cr.
- · The company's net worth (equity share capital + other equity) grew to ₹15,637.97 Cr from ₹9,942.78 Cr.
- · The board meeting was held on May 29, 2026, from 11:00 AM to 2:00 PM IST.
29-05-2026
Spandana Sphoorty Financial Limited confirmed it made the full monthly interest payment of ₹262.85 lakh (₹26.285 million) on May 28, 2026, for its NCD with ISIN INE572J07711 (issue size ₹32,500 lakh). The payment was made exactly on the due date with no delays or defaults, demonstrating strong compliance with debt servicing obligations.
- · Interest frequency is monthly (not standard semi-annual).
- · Prior interest payment was made on April 28, 2026, confirming consistent monthly servicing.
- · Record date for interest payment was May 13, 2026.
- · No change in frequency or delay in payment – fully compliant.
29-05-2026
Lendingkart Finance Limited announced the approval of audited financial results for the quarter and year ended March 31, 2026, by its Board of Directors on May 29, 2026. The audit report carries an unmodified opinion. The company also disclosed security cover details and utilization of proceeds from non-convertible securities as per SEBI regulations.
- · Board meeting commenced at 10:17 a.m. and concluded at 12:57 p.m. on May 29, 2026.
- · Audited Financial Results prepared in terms of Regulation 51 (Part B of Schedule III) and Regulation 52 of SEBI Listing Regulations.
- · Disclosures made under Regulations 52(4), 54(2), 54(3), 56(1)(d), 52(7), and 52(7A) of SEBI Listing Regulations.
- · Results will be published in newspapers as per Regulation 52(8).
29-05-2026
Kotak Mahindra Prime Limited has made timely repayment of its listed Commercial Paper (ISIN INE916D145J6, BSE Scrip Code 729851) on the due date of May 29, 2026. The repayment was made under the SEBI Master Circular for listing of Commercial Paper.
- · The repayment was made on the due date of May 29, 2026.
- · The Commercial Paper is listed on BSE with scrip code 729851 and ISIN INE916D145J6.
- · The filing references SEBI Master Circular dated October 15, 2025 (SEBI/HO/DDHS/DDHS-PoD/P/CIR/2025/0000000137).
- · Copies of the intimation were sent to CRISIL Limited, ICRA Limited, NSDL, and CDSL.
29-05-2026
Satin Finserv Limited has informed BSE of the timely interest payment of INR 20,25,000 on its Non-Convertible Debentures (ISIN INE03K307074) with an issue size of INR 30 Crore. The interest was paid on May 28, 2026, one day before the due date of May 29, 2026, with no change in the monthly payment frequency. No negative or flat performance data is present in this filing.
- · Interest payment was made one day early (May 28, 2026) vs. due date (May 29, 2026).
- · Last interest payment was made on April 29, 2026.
- · Record date for the interest payment was May 14, 2026.
- · No change in payment frequency (monthly).
29-05-2026
Standard Chartered Capital Limited confirmed the full redemption of commercial paper (ISIN INE403G14TR2) on its maturity date of May 29, 2026, with an aggregate repayment of INR 150 Crore to investors. No outstanding amount remains following the redemption. There are no negative or flat metrics to report as this is a one-time debt repayment event.
- · ISIN INE403G14TR2 was redeemed in full on 29 May 2026, exactly on its due date.
- · Type of repayment: full (no partial repayment).
- · Outstanding amount after repayment: Nil.
29-05-2026
Shriram Finance Limited has made timely interest payments on two of its debt securities (NCDs and Subordinated Debt) totaling ₹1,920 lakhs (₹19.20 Cr) as of May 29, 2026. One payment was made two days early due to a bank holiday on the scheduled due date (May 31, 2026). The company confirms no delays or defaults.
- · ISIN INE722A07BI9 (NCD) issue size: ₹20,000 Lakhs (₹200 Cr), interest paid: ₹1,770 Lakhs (₹17.70 Cr), yearly frequency.
- · ISIN INE721A08CK3 (Subordinated Debt) issue size: ₹1,500 Lakhs (₹15 Cr), interest paid: ₹150 Lakhs (₹1.50 Cr), yearly frequency.
- · Interest on INE722A07BI9 was due on May 31, 2026 (Sunday), paid early on May 29, 2026.
- · Interest on INE721A08CK3 was due and paid on May 29, 2026.
- · Last interest payment dates: May 31, 2025 (for INE722A07BI9) and May 29, 2025 (for INE721A08CK3).
29-05-2026
ANUPAM FINSERV LIMITED has announced a Board-approved issuance of Secured, Unlisted, Unrated, Redeemable, Fully Paid Non-Convertible Debentures (NCDs) for up to ₹20 Crore on a private placement basis. The NCDs carry a fixed coupon of 12% per annum, are redeemable at full tenure (27 or 39 months), and are secured by a charge on the company's receivables. Early redemption is allowed after 12 months with a 30-day notice, and a penalty of 2% extra coupon applies on delayed interest/principal payments beyond 3 months. The event is neutral as it reflects routine capital raising with no indicated listing or external rating.
- · The NCDs are unlisted and unrated, and will not be listed on any stock exchange.
- · Security is created by a charge over the company's receivables in favor of the Debenture Trustee.
- · Early redemption is permitted after 12 months from allotment with a 30-day written notice, and an Early Redemption Amount will be paid.
- · Coupon payment is quarterly; delay in interest/principal beyond 3 months triggers an additional 2% per annum penalty until cured.
- · Date of allotment is not yet determined (NA).
29-05-2026
State Bank of India has priced a USD 200 million tap of its existing senior unsecured fixed rate Reg-S bond due September 9, 2030, with a 4.50% semi-annual coupon. The bonds will be issued through its London branch on June 5, 2026, and listed on the Singapore Stock Exchange and NSE-IX Exchange, GIFT City.
- · The tap issuance is of the existing bond with ISIN XS3176783986, original maturity 5 years, due September 9, 2030.
- · Coupon of 4.50% payable semi-annually.
- · Issue date: June 5, 2026.
- · Listing venues: Singapore Stock Exchange and NSE-IX Exchange, GIFT City.
29-05-2026
Paisalo Digital Limited has fully redeemed and repaid a Commercial Paper (ISIN INE420C14243) with a face value of ₹30,00,00,000 on its maturity date of May 29, 2026. The repayment was made on the scheduled maturity date, indicating no default or delay. This is a routine debt servicing event with no negative implications.
- · The Commercial Paper was listed on BSE Ltd. with scrip code 731221.
- · The redemption was made in accordance with SEBI Operational Circular SEBI/HO/DDHS/P/CIR/2021/613 dated August 10, 2021 (updated April 13, 2022).
- · The actual payment date matched the scheduled maturity date (May 29, 2026).
29-05-2026
SRG Housing Finance Limited has made timely interest and partial redemption payments on its secured redeemable non-convertible debentures (ISIN INE559N07058) on May 29, 2026. The company paid interest of ₹41,01,819.50 (after TDS) and redeemed ₹75,75,757.58 of principal, leaving an outstanding amount of ₹43,18,18,181.82. No delays or defaults were reported.
- · Interest payment frequency is monthly.
- · Last interest payment before this was made on April 29, 2026.
- · The redemption is a partial redemption by face value, categorized as 'Monthly Redemption'.
- · No put or call options were exercised for this redemption.
- · The company complied with SEBI regulations 30 and 57(1) of the LODR Regulations.
29-05-2026
Routine debt securities filing:
29-05-2026
Aadhar Housing Finance Limited has certified timely payment of interest on its listed Non-Convertible Debentures (ISIN INE883F07348) for the monthly interest due on May 28, 2026. The actual payment was made on May 29, 2026, due to a bank holiday (Bakri ID), which is permitted under SEBI regulations. The interest amount paid post-TDS was ₹45,04,931, with TDS of ₹5,00,548 deducted at 10%.
- · Interest payment frequency is monthly.
- · Interest payment record date was May 13, 2026.
- · Last interest payment was made on April 28, 2026.
- · The delay of one day (from May 28 to May 29) was due to a bank holiday (Bakri ID) and is compliant with SEBI Master Circular dated October 15, 2025.
29-05-2026
Shree Renuka Sugars Limited has confirmed the payment of interest on four series of Non-Convertible Debentures (NCDs) due on May 31, 2026, with payments made early on May 29, 2026. The total interest paid across all series is ₹159.11 lakhs. This filing demonstrates the company's continued compliance with its debt servicing obligations.
- · Interest payment was made two days before the due date (May 29 vs May 31, 2026).
- · The NCDs were originally issued under a prospectus dated April 7, 2026.
- · BSE Limited approved restructuring of NCD terms on December 21, 2023, resulting in two new ISINs per existing ISIN.
- · All four NCD series have monthly interest payment frequency with a record date of the 16th of each month.
- · No change in interest rate or payment frequency was reported for any series.
29-05-2026
Northern Arc Capital Limited confirmed timely payment of interest on Non-Convertible Debentures (ISIN INE850M07467) due on May 29, 2026. The interest amount of ₹47,80,936 was paid on the due date, with no delays or defaults. The outstanding amount on the debentures is ₹58,33,33,333.
- · Interest payment frequency is monthly.
- · Previous interest payment date was 30-Apr-26.
- · Final interest due date is 27-Mar-27.
- · No redemption occurred; this was an interest-only payment.
29-05-2026
Poonawalla Fincorp Limited has made timely payment of interest of ₹90,82,00,000 on its Non-Convertible Debentures (ISIN: INE511C07870) with an issue size of ₹1,225 Crore. The interest was due and paid on May 29, 2026, confirming compliance with SEBI Listing Regulations. No negative or flat metrics are present in this filing.
- · Interest payment record date was May 13, 2026
- · Interest frequency is annual
- · No change in frequency of payment
- · No reason for non-payment or delay applicable
29-05-2026
Credit Wise Capital Private Limited confirmed timely interest payment of ₹16.345 Lakh (net after TDS) on its 19,500 listed NCDs (ISIN INE0LN107030, face value ₹10,000 each, 11.25% p.a., monthly frequency) for the period ending May 29, 2026. However, a short payment of ₹8,959.93 occurred due to technical issues (incorrect account numbers, IFSC codes, and NEFT failures for four debenture holders), which the company attributes to a technical glitch and not to any impairment in its payment capacity. The shortfall will be deposited into the company's escrow account.
- · Interest payment frequency is monthly.
- · Record date for the interest payment was May 14, 2026.
- · Actual interest payment was made one day early on May 28, 2026.
- · Short payment of ₹8,959.93 arose from four debenture holders: Rakhi Jha (NEFT failure), Srinivasan Baskar (reason not specified), Mangalore Parthasarathy Balaji (incorrect account number), and Kapil Madhav Bhagwat (IFSC code not provided).
- · The company states the short payment is due to a technical issue and does not reflect any inability to pay.
29-05-2026
Infinity Fincorp Solutions Private Limited has filed a disclosure under Regulations 52(7) and 52(7A) of SEBI LODR for the quarter and financial year ended March 31, 2026, regarding the utilization of issue proceeds from non-convertible securities and any material deviation in the use of those proceeds. The statement is annexed along with the financial results. No specific financial figures or deviation details are provided in this cover letter.
- · Filing date: May 29, 2026
- · Regulation: 52(7) and 52(7A) of SEBI LODR (2015)
- · Period covered: Quarter and financial year ended March 31, 2026
- · Company CIN: U65999MH2016PTC287488
- · Registered office: Unit No. B/003 A, Ground Floor, 215-Atrium, 151 Andheri-Kurla Road, Andheri East, Mumbai-400093
29-05-2026
Shree Renuka Sugars Limited confirmed payment of interest on four series of Non-Convertible Debentures (NCDs) due on May 31, 2026, with payments made early on May 29, 2026. Total interest paid was ₹159.11 lakhs across all series. The filing also notes restructuring of NCD terms approved by BSE in December 2023, resulting in new ISINs.
- · Interest payment was made two days before the due date (May 29 vs May 31, 2026).
- · Record date for interest payment was May 16, 2026.
- · NCDs have a face value of ₹10,00,000 each.
- · Interest rates vary: 11.70% (Series 1), 11.00% (Series 2 and 4), 11.30% (Series 3).
- · Interest payment frequency is monthly.
- · BSE approved restructuring of NCD terms on December 21, 2023, leading to new ISINs.
29-05-2026
Bajaj Financial Securities Limited redeemed a commercial paper with ISIN INE01C314FH9 on its maturity date of May 29, 2026, for an amount of ₹1,50,00,00,000. The redemption was made in compliance with SEBI regulations.
- · Scrip Code: 731572
- · ISIN: INE01C314FH9
- · Maturity Date: 29/05/2026
- · Payment Date: 29/05/2026
- · Regulatory reference: SEBI Master Circular No. SEBI/HO/DDHS/DDHS-PoD/P/CIR/2025/0000000137 dated 15 October 2025
29-05-2026
Navi Finserv Limited filed a regulatory intimation confirming timely interest payments on three Non-Convertible Debentures (ISINs INE342T07429, INE342T07650, INE342T07536) with total interest paid of ₹323.35 Lakh across all three series. There were no delays, no defaults, and the company met all payment obligations as of May 29, 2026.
- · Interest payment dates: 29-May-2026 (two ISINs), 27-May-2026 (one ISIN), all before the respective due dates.
- · Last interest payment dates for all three NCDs were in April 2026: 30-Apr-2026 for two ISINs, 28-Apr-2026 for one.
29-05-2026
Lodha Developers Limited (formerly Macrotech Developers Limited) issued a clarification to BSE regarding the actual face value of redeemed debentures for ISINs INE670K07307 and INE670K07349, which differed from the amounts mentioned in the earlier BSE Notice No. 20260508-38 dated May 8, 2026. For ISIN INE670K07307, the face value increased from ₹79,055 to ₹79,443 per debenture, while for ISIN INE670K07349, the face value decreased from ₹67,876 to ₹62,399 per debenture, reflecting a reduction of ₹5,477. The company has requested BSE to issue a revised notice to facilitate the corporate action with depositories.
- · The record date for the part redemption was May 13, 2026.
- · The face value adjustment was due to the amount available in the escrow account on the actual payment date.
- · The company stated it is liable to settle any trades or queries from investors/brokers occurring between May 13, 2026 and the date of the filing (May 29, 2026).
- · The filing includes a certificate of payment towards part principal payment to debenture holders under Regulation 57 of Listing Regulations.
29-05-2026
Jio Credit Limited (formerly Jio Finance Limited) confirmed the annual interest payment on its Non-Convertible Debentures (ISIN INE282H07026) was made on May 29, 2026. The original due date of May 28, 2026 was a non-working day, so payment was made on the next working day as per the Offer Document terms, with a total interest amount of ₹71,50,80,000 disbursed to 17 debenture holders. There were no defaults or delays beyond the permitted working day adjustment.
- · The original interest due date was May 28, 2026, which was a non-working day; payment was made on the next working day, May 29, 2026.
- · The interest payment frequency is annual.
- · The record date for interest payment was May 13, 2026.
- · No previous interest payment date was applicable (first payment or similar).
- · No redemption payments were applicable.
- · The filing was submitted under Regulation 57(1) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
29-05-2026
THDC India Limited has confirmed the timely payment of interest on its 7.76% Corporate Bonds Series–X (ISIN: INE812V08045) on the due date of May 29, 2026. The interest amount paid was Rs. 58,20,00,000 (including TDS), with no delays or defaults. The issue size of the bonds is Rs. 750 Crore.
- · Interest payment frequency is annual.
- · Interest payment record date was May 14, 2026.
- · Last interest payment was made on May 29, 2025.
- · No change in frequency of payment or any delay/default reported.
29-05-2026
HUDCO has certified the payment of interest amounting to ₹86,61,22,199 on its 8.52% S.A. HUDCO GoI Fully Serviced Bond Series-I 2018 (ISIN INE031A08624) due on May 29, 2026. The payment was made on the due date through Indusind Bank Ltd. to bondholders as per the record date of May 13, 2026. No delays or changes in payment frequency were reported.
- · ISIN: INE031A08624
- · Interest payment frequency: Half Yearly
- · Last interest payment date: November 28, 2025
- · Record date for interest payment: May 13, 2026
- · No change in frequency of payment reported
29-05-2026
Vertis Infrastructure Trust (formerly Highways Infrastructure Trust) has approved the allotment of 14,500 unsecured, listed, rated Commercial Papers with a total aggregate maturity value of INR 725,00,00,000 (~₹725 crore). The issuance is split into two tranches with tenors of 90 and 91 days and coupon rates of 7.55% and 7.75% p.a. respectively. No prior-period comparison is available in the filing, so no period-over-period trends can be assessed; the information presented reflects a single point in time. The funds will be used for the purposes stated in the offer documents, and the CPs carry a CRISIL A1+ rating (highest short-term credit quality).
- · The CPs carry a CRISIL A1+ rating, the highest short-term credit rating, reaffirmed on May 21, 2026.
- · First tranche (6,000 CPs) issued at discounted yield of 7.55% p.a., maturing on August 27, 2026 (90-day tenor).
- · Second tranche (8,500 CPs) issued at discounted yield of 7.75% p.a., maturing on August 28, 2026 (91-day tenor).
- · Investment Manager: Vertis Fund Advisors Private Limited (formerly Highway Concessions One Private Limited).
- · Trust SEBI Registration Number: IN/InvIT/21-22/0019.
- · Security codes for Non-Convertible Debentures: 974227, 975333, 976771, 976854; for Commercial Paper: 730784.
29-05-2026
Nuvama Wealth Management Limited has fully redeemed its Commercial Paper (ISIN: INE531F14FI0) as per the terms of the offer document dated October 27, 2025. The repayment was completed on May 29, 2026.
- · Offer document date for the redeemed Commercial Paper: October 27, 2025
- · ISIN of the redeemed security: INE531F14FI0
- · Filing reference: NWML/SEC/2027/CP/6
- · Registrar and Corporate Identification Number (CIN): L67110MH1993PLC344634
- · Registered office located at Inspire BKC, Bandra Kurla Complex, Mumbai
29-05-2026
Mahaveer Finance India Ltd. held a Board meeting on May 29, 2026, approving audited financial statements for the year ended March 31, 2026. The company confirmed full utilization of proceeds from four Non-Convertible Debenture issuances totaling Rs. 125 Cr (20.00 Cr + 25.00 Cr + 20.00 Cr + 60.00 Cr) with no deviations. The auditor issued an unmodified opinion on the annual financial results. No prior-period comparisons or financial figures beyond fund utilization are provided in this filing.
- · The Board meeting commenced at 12:00 PM and concluded at an unspecified time.
- · No deviations were reported in the use of issue proceeds for any of the four NCD issuances.
- · The auditors also reviewed the quarterly financial results for the quarter ended March 31, 2026, and concluded nothing material came to their attention requiring modification.
- · The company provided a Security Cover Certificate and Covenant Compliance Certificate as of May 29, 2026, pursuant to Regulation 54.
- · Scrip codes associated: 975806, 976428, 976701, 977182.
29-05-2026
Muthoot Capital Services Limited confirmed timely payment of interest on two debenture series (ISINs INE296G07192 and INE296G07309) on May 29, 2026. The interest amounts paid were ₹20,34,246.58 and ₹82,19,178.08, respectively, with no delays or changes in payment frequency.
- · Interest payment frequency for both debentures is monthly.
- · Record date for interest payment was May 13, 2026.
- · Last interest payment before this was made on April 29, 2026.
- · No change in frequency of payment and no reason for non-payment/delay.
29-05-2026
Piramal Finance Limited certified timely payment of interest and full redemption of Non-Convertible Debentures (ISIN INE140A07732) on May 29, 2026. Interest of ₹191.80 lakh was paid and the entire issue size of ₹10,000 lakh was redeemed, leaving zero outstanding. No negative or flat metrics are present as the filing confirms full compliance.
- · The certificate was filed under Regulation 57 of SEBI Listing Regulations.
- · Last interest payment before this event was on March 10, 2026.
- · The company was formerly known as Piramal Capital & Housing Finance Limited.
29-05-2026
Mizuho Capsave Finance Private Limited (formerly Capsave Finance Private Limited) has made timely payments of principal and interest on three series of secured, listed, rated, redeemable, non-convertible debentures (NCDs) on May 29, 2026. Interest payments of Rs. 58.05 lakh, Rs. 65.10 lakh, and Rs. 66.00 lakh were made on schedule, and a partial redemption of Rs. 12,50,10,000 was completed for one series (scrip code 976426). All payments were made on the due date, with no delays or changes in payment frequency.
- · Three series of NCDs with scrip codes 976286, 976426, and 976524 were covered.
- · All three series have monthly interest payment frequency.
- · Record date for interest payment was May 14, 2026.
- · Last interest payment date before this was April 30, 2026.
- · Partial redemption on scrip code 976426 was by face value (not by quantity).
- · Redemption reason: Quarterly Amortization.
- · No call or put options were exercised for the redemption.
- · No quantity-based redemption was done (lot or pro-rata basis not applicable).
29-05-2026
Mizuho Capsave Finance Private Limited (formerly Capsave Finance Private Limited) has made timely payments of principal and interest on three series of its secured, listed, rated, redeemable, non-convertible debentures (NCDs) on May 29, 2026. Interest payments of Rs. 58.05 lakh (ISIN INE0DBJ07192), Rs. 65.10 lakh (ISIN INE0DBJ07200), and Rs. 66.00 lakh (ISIN INE0DBJ07218) were made on schedule, with no delays or changes in payment frequency. Additionally, a partial redemption of Rs. 12,50,10,000 was made on scrip 976426 (ISIN INE0DBJ07200), leaving an outstanding amount of Rs. 87,49,50,000. All payments were timely, indicating no credit stress.
- · All three NCD series have monthly interest payment frequency with no change in frequency.
- · Record date for interest payment was May 14, 2026, for all three series.
- · Last interest payment date prior to this was April 30, 2026, for all series.
- · The partial redemption on scrip 976426 was done on a face value basis (not quantity basis).
- · Reason for redemption was quarterly amortization (not call/put/maturity).
- · No redemption was due to put or call options.
- · Company code on BSE is 12358.
29-05-2026
Avanse Financial Services Limited has fully redeemed its Non-Convertible Debentures (NCD Series 26, ISIN INE087P07337) on the maturity date of May 29, 2026, paying the principal amount of ₹500,00,00,000 and the final half-yearly interest of ₹11,87,00,000. The payment was made on the due date with no delays or defaults.
- · The NCDs had a half-yearly interest payment frequency; the last interest payment was made on February 27, 2026.
- · The redemption was a full redemption at maturity (no call/put options exercised).
- · Outstanding amount after redemption is ₹0.
- · The certificate was filed under Regulation 57 of SEBI (LODR) Regulations, 2015.
29-05-2026
NHPC Limited raised ₹2,000 Crore on May 29, 2026 through a private placement of listed, unsecured, non-convertible, taxable 7.67% AI Series Bonds 2041. The bonds have a 15-year tenor with annual coupon payments and principal redemption in 10 equal annual instalments of ₹200 Crore each starting from the 6th year.
- · Bonds are listed, unsecured, non-cumulative, non-convertible, redeemable, taxable.
- · Allotment date: May 29, 2026; Maturity date: May 29, 2041.
- · Principal redemption via 10 equal annual instalments of ₹200 Crore each from year 6 to year 15 (STRPP A through STRPP J).
- · Coupon payment frequency: yearly (ACTUAL/ACTUAL day count convention).
- · The bonds are proposed for listing on the Wholesale Debt Market (WDM) segment of BSE and NSE.
29-05-2026
MTNL has funded the 7th semi-annual interest payment for its 7.87% Bond Series VII B (INE153A08113) into the designated escrow account at Bank of India. The interest is due on June 1, 2026, and the funding was completed on May 27, 2026, ensuring timely payment. This update confirms compliance with SEBI regulations and reflects the company's continued debt servicing obligations.
- · Interest payment due date: June 1, 2026
- · Funding completed on: May 27, 2026
- · Bond series: 7.87% MTNL Bond Series VII B (ISIN: INE153A08113)
- · Escrow account maintained at Bank of India
- · Compliance with SEBI Regulation 30 & 51 of LODR Regulations, 2015
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