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Dishman Carbogen Amcis Ltd. ( (IN:DCAL) ) has shared an announcement.
Dishman Carbogen Amcis Ltd. disclosed that its debenture trustee, Axis Trustee Services Ltd., has consented to amend certain financial covenants for the financial year ended March 31, 2026, tied to a Rs 50 crore tranche of non-convertible debentures issued under ISIN INE385W07059. While the net debt to tangible net worth covenant remains unchanged, the company obtained waivers for covenants relating to total net debt to EBITDA, adjusted debt service coverage ratio, and interest coverage ratio on a consolidated basis, providing added flexibility in meeting its debt obligations and potentially easing short-term financial pressure for both the issuer and debenture holders.
More about Dishman Carbogen Amcis Ltd.
Dishman Carbogen Amcis Ltd. is a listed Indian company with both equity and debt securities traded on BSE and the National Stock Exchange. The company raises funds through privately placed, senior secured, rated, listed, taxable, redeemable non-convertible debentures, reflecting an active presence in the domestic debt capital markets.
Average Trading Volume: 38,575
Technical Sentiment Signal: Sell
Current Market Cap: 22.87B INR
Learn more about DCAL stock on TipRanks’ Stock Analysis page.