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Prospect News home > News index > List of issuers J > Headlines for Jindal Steel and Power > News item
Published on 9/28/2017 in the Prospect News Emerging Markets Daily.

India’s Jindal Steel pays Rs. 7.2 million late interest on debentures

By Wendy Van Sickle

Columbus Ohio, Sept. 28 – Jindal Steel & Power Ltd. made a payment of Rs. 251,437,727, including Rs. 7,108,960 toward delayed interest, on its Rs. 10 billion of unsecured redeemable nonconvertible debentures on Thursday, according to a notice filed with the Bombay Stock Exchange.

The debentures are held by Life Insurance Corp. of India and Life Insurance Corp. of India P&GS Fund.

Jindal is a New Delhi, India-based steel producer.


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