Description
BSE revises record date from August 5, 2025 to August 11, 2025 for interest payment and redemption of debentures with scrip codes 974290 and 974800.
Summary
BSE has revised the record date for interest payment and redemption of debentures issued by MAGNITE DEVELOPERS PRIVATE LIMITED. The record date has been changed from August 5, 2025 to August 11, 2025 for both scrip codes 974290 and 974800.
Key Points
- Record date revised from August 5, 2025 to August 11, 2025
- Affects debentures with scrip codes 974290 and 974800
- Corporate actions contemplated in previous notices will not take effect on August 5, 2025
- Separate notices will be issued for the revised record date
- Scrip Code 974290: Interest payment and partial redemption
- Scrip Code 974800: Interest payment and full redemption
Regulatory Changes
No regulatory framework changes. This is a procedural revision of corporate action dates.
Compliance Requirements
- Trading members must note the revised record date
- Previous corporate action schedules are cancelled for August 5, 2025
- Await separate notices for revised record date implementation
Important Dates
- Original Record Date: August 5, 2025 (cancelled)
- Revised Record Date: August 11, 2025
- Notice Date: August 4, 2025
- Previous Notices: August 1, 2025 (Notice No. 20250801-15 and 20250801-13)
Impact Assessment
Medium impact on debenture holders of MAGNITE DEVELOPERS PRIVATE LIMITED. The six-day postponement affects the eligibility cutoff for interest payments and redemption proceeds. Investors must hold debentures until the new record date to be eligible for the corporate actions.
Impact Justification
Record date revision affects debenture holders' eligibility for interest payment and redemption but limited to specific debt securities