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Rare Asset Reconstruction Limited — NOC/No dues certificate/consent/permission

NSE 3d ago·27 Aug 2026, 2:44 pm

Company NSE

Rare Asset Reconstruction Limited has received a crucial No Objection Certificate (NOC) from Catalyst Trusteeship. This clearance confirms the company's compliance with pari passu terms for its Non-Convertible Debentures (NCDs) issued under ISIN INE03UZ07015. The NOC pertains to the financial year 2026-27, indicating that the trustee has no objections to the company's current standing regarding these specific debt obligations.

This development is a positive signal for investors as it confirms the company's adherence to its debt covenants. For retail investors holding these NCDs, it removes a layer of uncertainty regarding the legal standing of their investment. The clearance suggests that the company is managing its obligations effectively, which is a key factor for maintaining trust in the issuer's creditworthiness.

Moving forward, investors should monitor the company's overall financial health and any future updates regarding its debt portfolio. While this NOC is a specific milestone, it is important to keep an eye on broader market trends and the company's ability to meet its other financial commitments in the coming fiscal years.