Description
ARRIL announces part redemption of non-convertible debentures with record date August 16, 2025, reducing face value to Rs. 64,018 per debenture.
Summary
Ahmedabad Ring Road Infrastructure Limited (ARRIL) has announced part redemption of its non-convertible debentures along with interest payment. The company has set August 16, 2025, as the record date for determining eligible debenture holders. Trading in the debentures will commence with reduced face value from August 14, 2025.
Key Points
- Company: Ahmedabad Ring Road Infrastructure Limited (ARRIL)
- Security Code: INE091I07011 (975947)
- Debenture Series: ARRIL-20%-30-6-26-PVT
- Record Date: August 16, 2025
- Purpose: Part redemption of debentures and interest payment
- New face value: Rs. 64,018 per debenture
Regulatory Changes
No specific regulatory changes mentioned in this circular.
Compliance Requirements
- Trading members must note the reduced face value effective from August 14, 2025
- Settlement number DR-695/2025-2026 applies for the reduced face value trading
- Proper record-keeping for debenture holders as per the record date
Important Dates
- August 11, 2025: Circular issue date
- August 14, 2025: Effective date for reduced face value trading (Settlement DR-695/2025-2026)
- August 16, 2025: Record date for part redemption and interest payment eligibility
Impact Assessment
This part redemption will directly impact ARRIL debenture holders by reducing the outstanding principal amount and providing partial liquidity. The face value reduction to Rs. 64,018 per debenture indicates a significant redemption amount. Trading members and investors need to adjust their records and valuations accordingly from the effective date.
Impact Justification
Affects debenture holders of ARRIL with specific redemption terms and face value reduction