Description
BSE notice announcing part redemption of non-convertible debentures with reduced face value effective August 8, 2025.
Summary
BSE has announced that NEOGROWTH CREDIT PRIVATE LIMITED will conduct a part redemption of its non-convertible debentures with record date August 8, 2025. Trading in the debentures will commence with reduced face value from the same date.
Key Points
- Company: NEOGROWTH CREDIT PRIVATE LIMITED
- Security Code: NCPL-12%-23-5-26-PVT INE814O07519 (975686)
- Record Date: August 8, 2025
- Purpose: Part Redemption of Non-Convertible Debentures
- New Face Value: Rs. 49,999.99 per Debenture
- Effective Date: August 8, 2025
- Settlement Number: DR-691/2025-2026
Regulatory Changes
No regulatory framework changes announced.
Compliance Requirements
- Trading members must note the reduced face value effective from August 8, 2025
- All trading in these debentures will be conducted at the new reduced face value
Important Dates
- August 8, 2025: Record Date for part redemption
- August 8, 2025: Effective date for trading with reduced face value
- Settlement DR-691/2025-2026: Applicable settlement cycle
Impact Assessment
This corporate action will affect holders of NEOGROWTH CREDIT debentures through partial redemption. Trading members and investors must adjust their systems and processes to reflect the new reduced face value of Rs. 49,999.99 per debenture for all future transactions.
Impact Justification
Corporate action affecting debt securities with specific trading implications for market participants