Description
Notice regarding part redemption of PTCs and interest payment with reduced face value effective August 13, 2025.
Summary
BSE has announced that GRIPX SAGE 06 2024 has fixed the record date for part redemption of PTCs and interest payment. Trading in the PTCs will be with reduced face value effective August 13, 2025.
Key Points
- Company: GRIPX SAGE 06 2024
- ISIN: INE0XP815016 (Code: 975761)
- Record Date: August 13, 2025
- Purpose: Part redemption of PTCs and payment of interest
- New reduced face value: Rs. 3,119.18 per PTC
- Effective date: August 13, 2025
- Settlement number: DR-694/2025-2026
Regulatory Changes
No new regulatory changes introduced.
Compliance Requirements
Trading members must note that trading in the PTCs will be conducted with the reduced face value from the effective date.
Important Dates
- Record Date: August 13, 2025
- Effective Date for Reduced Face Value: August 13, 2025
- Settlement Number: DR-694/2025-2026
Impact Assessment
This action affects holders of GRIPX SAGE 06 2024 PTCs who will receive interest payments and partial redemption. The face value reduction to Rs. 3,119.18 per PTC will impact trading calculations and positions from August 13, 2025.
Impact Justification
Affects specific PTC holders with face value reduction and trading implications