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Biocon Ltd

Board Meeting Outcome for Early Redemption Of Ncds

08:09 PM, 1st Oct 2025

The Board of Directors of the Company at its meeting held today has approved the early full redemption of 107000 unlisted secured rated redeemable Non-Convertible Debentures (NCDs) of face value of INR 100000/- each aggregating to Rs. 1070 Crores issued and allotted by the Company on private placement basis on February 21 2023. Further please be informed that the Company has made payment of due consideration today as per agreement with concerned debenture holders and the debenture trustee towards the aforesaid early full redemption of the NCDs.

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