Astec LifeSciences Pays Rs 4.36 crore NCD Interest on Schedule
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– Astec LifeSciences made a prompt Rs 4.36 crore interest payment on its NCDs, underscoring strong liquidity.
- Paid Rs 4,36,10,000 (≈ Rs 4.36 crore / $525,000) on 27 Mar 2026 under ISIN INE563J08023, reflecting an 8.9 % debt‑service charge on the Rs 49,00,00,000 issue size.
- Record date for entitlement was 11 Mar 2026; the next interest installment is due on 25 Mar 2027.
- The on‑time payment satisfies SEBI LODR regulations, eliminating any immediate credit‑risk or penalty concerns.
- Analysts rate the company’s outlook 7 / 10, citing stable liquidity but no new growth catalysts.
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