Description
NEOGROWTH CREDIT PRIVATE LIMITED announces part redemption of non-convertible debentures with reduced face value effective August 12, 2025.
Summary
NEOGROWTH CREDIT PRIVATE LIMITED has announced a part redemption of its non-convertible debentures with record date set for August 12, 2025. The debentures will trade with reduced face value of Rs. 25,000 per debenture effective from the same date.
Key Points
- Company: NEOGROWTH CREDIT PRIVATE LIMITED
- Security Code: NCPL-11.75%-27-2-26-PVT (INE814O07493)
- BSE Code: 975431
- Record Date: August 12, 2025
- Purpose: Part Redemption of Non-Convertible Debentures
- New Face Value: Rs. 25,000 per debenture
- Settlement Number: DR-693/2025-2026
Regulatory Changes
Trading in the company’s debentures will commence with reduced face value effective August 12, 2025, following the part redemption process.
Compliance Requirements
Trading members are required to note the change in face value and ensure proper settlement procedures are followed for the reduced face value trading.
Important Dates
- Record Date: August 12, 2025
- Effective Date: August 12, 2025
- Settlement: DR-693/2025-2026
Impact Assessment
This corporate action will affect debenture holders of NEOGROWTH CREDIT PRIVATE LIMITED through partial redemption, reducing the face value of existing debentures. Trading members need to adjust their systems to reflect the new face value for proper settlement and trading operations.
Impact Justification
Corporate action affecting specific debenture holders with face value reduction