Golden Goenka Fincorp Ltd redeems NCDs

Consequent to the approval of the holders of 5,00,000, 12.75% Rated, Secured, Taxable, Redeemable, Non-Convertible Debenture(s) (NCDs) at their meeting held on June 17, 2014 for redemption of entire 5,00,000 NCDs issued by Golden Goenka Fincorp Ltd before the schedule redemption date i.e. March 06, 2017, in one or more tranches the Company has redeemed 5,00,000 12.75% Rated, Secured, Taxable, Redeemable, Non-Convertible Debenture(s) (NCDs) NCDs of Rs. 1,000 each in full along with the interest accrued thereon upto the date of the redemption. Hence the said debentures ceased to exist.

Shares of GOLDEN GOENKA FINCORP LIMITED was last trading in BSE at Rs.7.71 as compared to the previous close of Rs. 8.03. The total number of shares traded during the day was 261477 in over 142 trades.

The stock hit an intraday high of Rs. 8.5 and intraday low of 7.55. The net turnover during the day was Rs. 2085314.

Source : Equity Bulls

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