Description
IOT UTKAL ENERGY SERVICES LIMITED announces part redemption of three series of non-convertible debentures with reduced face values effective August 13, 2025.
Summary
IOT UTKAL ENERGY SERVICES LIMITED has announced part redemption of three series of non-convertible debentures along with interest payment. The company has set August 13, 2025 as the record date, and trading in these debentures will commence with reduced face values from the same date.
Key Points
- Three series of debentures are subject to part redemption and interest payment
- Record date fixed as August 13, 2025 for all three series
- Trading will resume with significantly reduced face values
- Settlement number DR-694/2025-2026 applies to all series
Debenture Details
Series 1: 1063IOT28E (INE310L07AC5)
- Security Code: 950207
- New Face Value: Rs. 61,158.19 per debenture
Series 2: 1008IOT26B (INE310L07878)
- Security Code: 950211
- New Face Value: Rs. 50,000 per debenture
Series 3: IOT-9.02%-20-10-28-PVT (INE310L07AE1)
- Security Code: 952676
- New Face Value: Rs. 23,470 per debenture
Important Dates
- Record Date: August 13, 2025
- Effective Date: August 13, 2025
- Settlement Number: DR-694/2025-2026
Impact Assessment
The part redemption will result in substantial reduction in face values across all three debenture series. Debenture holders will receive partial redemption proceeds and accrued interest. Trading members must note the revised face values for accurate trading and settlement from the effective date.
Impact Justification
Part redemption affects specific debenture holders with reduced face values, impacting debt securities trading