Description
BSE announces part redemption of debentures with reduced face value effective August 5, 2025.
Summary
BSE notifies trading members about part redemption of debentures by MAGNITE DEVELOPERS PRIVATE LIMITED. The company has fixed August 5, 2025 as record date for interest payment and part redemption. Trading in debentures will continue with reduced face value of Rs. 625,000 per debenture effective from the same date.
Key Points
- Part redemption and interest payment for MAGNITE DEVELOPERS PRIVATE LIMITED debentures
- Record date: August 5, 2025
- Debenture code: MDPL-10%-31-3-27-PVT (INE0M1Q07015)
- BSE scrip code: 974290
- Reduced face value: Rs. 625,000 per debenture
- Settlement number: DR-688/2025-2026
Regulatory Changes
No regulatory changes announced. This is a standard corporate action notification for debenture redemption.
Compliance Requirements
- Trading members must note the reduced face value effective from August 5, 2025
- All trading in these debentures will be conducted with the new reduced face value
- Members should update their systems accordingly
Important Dates
- Record Date: August 5, 2025
- Effective Date: August 5, 2025
- Settlement: DR-688/2025-2026
Impact Assessment
Limited market impact as this affects only holders of specific private company debentures. The reduced face value reflects partial redemption, allowing continued trading with adjusted parameters. No broader market implications expected.
Impact Justification
Affects only specific debenture holders of a private limited company with limited market impact