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Essar Shipping Limited. ( (IN:ESSARSHPNG) ) has provided an update.
Essar Shipping Limited has partially redeemed a tranche of its 1% secured, redeemable, unlisted and unrated non-convertible debentures issued to Abhinand Ventures Private Limited, in line with the original terms of issue. The company redeemed 14,442,000 debentures with a face value totalling Rs. 1,444.2 crore on February 26, 2026, paying Rs. 1,552.25 crore including Rs. 108.05 crore in interest, following an earlier redemption in January, while 24,262,750 debentures remain outstanding and the firm reported no impact on its capital structure from this transaction.
More about Essar Shipping Limited.
Essar Shipping Limited operates in the shipping and logistics industry as part of the wider Essar group, which has interests spanning steel, energy, infrastructure and services. The company is listed on both BSE and NSE in India and provides marine transportation and related services supporting industrial and infrastructure supply chains.
Average Trading Volume: 17,163
Technical Sentiment Signal: Hold
Current Market Cap: 5.38B INR
See more data about ESSARSHPNG stock on TipRanks’ Stock Analysis page.