Description
BSE announces part redemption of debentures with reduced face value effective August 14, 2025.
Summary
Grand Hills Developments Private Limited has announced part redemption of its non-convertible debentures with a record date of August 16, 2025. Trading will commence with reduced face value of Rs. 85,882 per debenture effective August 14, 2025.
Key Points
- Company: Grand Hills Developments Private Limited
- ISIN: INE0DWX07025 (Code: 975780)
- Debenture series: GHPL-11.70%-RR-7-3-26-PVT
- Reduced face value: Rs. 85,882 per debenture
- Purpose includes both part redemption and interest payment
Regulatory Changes
No regulatory changes announced.
Compliance Requirements
Trading members must note that debenture trading will be conducted at the reduced face value from the effective date.
Important Dates
- Record Date: August 16, 2025
- Effective Date for Reduced Face Value: August 14, 2025
- Settlement Number: DR-695/2025-2026
Impact Assessment
Minimal market impact as this affects a single private company’s debt securities. Standard corporate action for debt instrument management.
Impact Justification
Routine corporate action affecting single private company debentures with limited market impact