Religare Enterprises redeems NCDs worth Rs 136 cr

Diversified financial services major Religare Enterprises (REL) today said it has redeemed non-convertible debentures (NCDs) worth Rs 136.10 crore.
The company has redeemed 1,361 NCDs of face value Rs 10,00,000 each on June 30, as fourth and final redemption, Religare Enterprises said in a BSE filing.
The NCDs were privately placed and listed on wholesale debt market segment of BSE, it added.
Shares of Religare Enterprises closed at Rs 170.20, down 2.80 per cent on BSE.