Description
BSE notice regarding part redemption of debentures and reduced face value effective August 14, 2025.
Summary
Grand Hills Developments Private Limited has announced part redemption of its non-convertible debentures along with interest payment. The debentures will trade with a reduced face value of Rs. 85,882 per debenture effective August 14, 2025.
Key Points
- Company: Grand Hills Developments Private Limited
- Debenture Code: GHPL-11.70%-RR-7-3-26-PVT (INE0DWX07025)
- BSE Code: 975780
- Record Date: August 16, 2025
- Effective Date: August 14, 2025
- Settlement Number: DR-695/2025-2026
Regulatory Changes
No regulatory changes announced in this circular.
Compliance Requirements
- Trading members must note the reduced face value for trading purposes
- Debentures will trade with reduced face value from the effective date
- Record date compliance for interest payment and redemption eligibility
Important Dates
- August 14, 2025: Effective date for reduced face value trading
- August 16, 2025: Record date for part redemption and interest payment
- Settlement: DR-695/2025-2026
Impact Assessment
This corporate action affects holders of Grand Hills Developments Private Limited debentures. The part redemption reduces the outstanding principal amount, reflected in the reduced face value. Debenture holders on record date will receive interest payment and partial redemption proceeds.
Impact Justification
Routine corporate action affecting specific debenture holders with clear procedural impact