Description
BSE announces reduced face values for India Universal Trust PTCs following partial redemption across six series.
Summary
BSE announces reduced face values for six series of Pass Through Certificates (PTCs) of India Universal Trust AL1 & AL2 following partial redemption. The new reduced face values will be effective from August 7, 2025.
Key Points
- Six PTC series affected across India Universal Trust AL1 and AL2
- Reduced face values range from Rs. 5,045,379.97 to Rs. 9,675,260.88 per PTC
- Changes effective from August 7, 2025
- Notice issued by Catalyst Trusteeship Limited
Regulatory Changes
No regulatory framework changes. This is a corporate action affecting specific debt instruments.
Compliance Requirements
- Trading Members must note the new reduced face values
- PTCs will trade with updated face values from the effective date
- No additional compliance actions required beyond awareness
Important Dates
- Effective Date: August 7, 2025
- Notice Date: August 6, 2025
Impact Assessment
Limited impact restricted to holders and traders of these specific PTCs. The substantial face value reductions reflect the partial redemption amounts. Trading will continue with adjusted parameters but market liquidity may be affected due to the significant value changes.
Impact Justification
Affects trading of specific debt instruments with significant face value changes but limited to specific PTCs