If I continue Tata Capital NCD – when will I get past year interest ?

POSTED BY shivpri ON January 20, 2014 5:47 pm ONE COMMENT

Manish,

I have Option IV Cumulative NCDs (since 2009)  on which interest was payable at the time of redemption, in 2014. Now, if I consent to continue with the NCD for 5 more years till 2019, when would the interest for the past five years be paid? Do I have to wait till redemption of NCDs in 2019?

One reply on this article “If I continue Tata Capital NCD – when will I get past year interest ?”

  1. ashalanshu says:

    Dear Shiv, you ‘ll get the interest in 2019 if you opt to continue.

    Thanks

    Ashal

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