Description
BSE notice regarding part redemption of non-convertible debentures by Lodha Developers Limited with reduced face value effective August 13, 2025.
Summary
Lodha Developers Limited has announced a part redemption of its non-convertible debentures with record date set for August 13, 2025. The debentures will trade with reduced face value of Rs. 97,143 per debenture effective from the same date.
Key Points
- Company: LODHA DEVELOPERS LIMITED
- Security: LDL-Reset Rate-21-01-28-PVT (ISIN: INE670K07307, Code: 976923)
- Record date: August 13, 2025
- Reduced face value: Rs. 97,143 per debenture
- Effective date: August 13, 2025
- Settlement number: DR-694/2025-2026
Regulatory Changes
Trading in the debentures will commence with reduced face value effective from August 13, 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 transactions in these debentures.
Important Dates
- Record Date: August 13, 2025
- Effective Date for Reduced Face Value: August 13, 2025
- Settlement: DR-694/2025-2026
Impact Assessment
This corporate action affects holders of specific Lodha Developers debentures. The part redemption will result in a reduced face value, impacting the trading mechanics and valuation of these debt securities. Standard settlement procedures apply with designated settlement number.
Impact Justification
Standard corporate action affecting specific debenture holders with clear settlement procedures