Neelkanth Urban Developers announced that part redemption each of Rs 2,00,000 per securities for value date 30 January 2014 and value date 31 January 2014 is made by the company. The residual balance after part redemption is Rs 58,00,000 per securities.
As per the transaction documents, interest towards outstanding security SRNCD for the value date 30 January 2014 has been paid.
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