Break-up of Rs. 1,00,00,000 Part Repayment Towards OCDs Disclosed
Vardhman Polytex has shared the break-up of its Rs. 1,00,00,000 part repayment on OCDs held by Special Situation India Fund.
- Repayment Amount
- Rs. 1,00,00,000
- Principal Reduction
- Rs. 1,61,920.62
- Interest Paid
- Rs. 98,38,079.38
- Face Value Per OCD Before
- Rs.83,333.33
- Face Value Per OCD After
- Rs.83,225.39
What was shared
The company gave additional details on the Rs. 1,00,00,000 (Rupee One Crore only) part repayment towards its secured, unlisted, redeemable and optionally convertible debentures (OCDs) held by Special Situation India Fund, first intimated on 25 September, 2026.
How the payment was applied
- Rs. 1,61,920.62 was effected as a pro-rata reduction in the face value/principal of each of the 1,500 outstanding OCDs.
- Rs. 98,38,079.38 was effected by way of interest.
Before and after
- Number of OCDs: 1,500 before and after.
- Face value per OCD: from Rs.83,333.33 to Rs.83,225.39.
- Aggregate principal: from Rs.12,50,00,000 to Rs.12,48,38,079.38.
The balance principal of Rs.12,48,38,079.38 remains payable together with interest and other amounts as per the OCD Subscription cum Trust Deed and other Transaction Documents.
How to read it
Most of the one crore paid went towards interest rather than principal, so the outstanding debenture principal has come down only marginally. The number of debentures stays the same; only their face value changes.
Also from Vardhman Polytex
Part Repayment of Rs.1,50,00,000 Towards OCDs Made
29 Sep 2026
Rs.1 crore part repayment made towards OCDs from Ludhiana land sale advance
25 Sep 2026
Proceedings of 46th Annual General Meeting held on 24 September 2026
24 Sep 2026
More numbers
- Total part repaymentRs. 1,00,00,000/-
- Amount applied to principalRs.1,61,920.62
- Amount applied to interestRs. 98,38,079.38
- Number of OCDs outstanding1,500
- Face value per OCD beforeRs.83,333.33
- Face value per OCD afterRs.83,225.39
- Aggregate principal beforeRs.12,50,00,000
- Aggregate principal afterRs.12,48,38,079.38
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