Nuvoco Vistas Corporation Limited has decided to exercise its call option for the unsecured, subordinated, rated, listed, redeemable non-convertible debentures aggregating INR 3 billion on completion of call tenor i.e 7 years and fully redeem the said NCDs at par on July 5, 2024, in accordance with the terms of the Information Memorandum. The record date for determining the eligible debenture holders is fixed on June 21, 2024. In this regard, as per the terms of the Debenture Trust Deed and Regulation 15(6) of the SEBI (Issue and Listing of Non Convertible Securities) Regulations, 2021 ("NCS Regulations"), the Company has sent the Call Option Notice to the Debenture holders holding NCDs under the said ISIN, through email on May 30, 2024.