Description
IOT UTKAL ENERGY SERVICES LIMITED announces part redemption of debentures with record date of August 13, 2025 and reduced face values effective from the same date.
Summary
IOT UTKAL ENERGY SERVICES LIMITED has announced part redemption of its non-convertible debentures with a record date of August 13, 2025. Three series of debentures will have their face values reduced effective from the same date, with trading to commence at the new reduced face values.
Key Points
- Record date fixed as August 13, 2025 for part redemption and interest payment
- Three debenture series affected with different reduced face values
- Trading will continue with reduced face values from August 13, 2025
- Settlement number DR-694/2025-2026 assigned for the corporate action
Regulatory Changes
No regulatory framework changes. This is a routine corporate action under existing debenture terms.
Compliance Requirements
- Trading members must note the reduced face values for trading purposes
- Debenture holders eligible as per record date will receive part redemption proceeds and interest
- Settlement to be processed through designated settlement number
Important Dates
- Record Date: August 13, 2025
- Effective Date for Reduced Face Value: August 13, 2025
- Settlement Number: DR-694/2025-2026
Impact Assessment
Moderate impact limited to IOT UTKAL ENERGY SERVICES LIMITED debenture holders. The part redemption will reduce outstanding debt and provide liquidity to investors. Trading will continue at reduced face values without market disruption. This is a scheduled corporate action with predetermined terms.
Impact Justification
Routine corporate action affecting specific debenture holders with predetermined redemption schedule