Description
Trading resumption and reduced face value for ASCEND TELECOM debentures following part redemption effective August 14, 2025.
Summary
ASCEND TELECOM INFRASTRUCTURE PVT LTD has completed part redemption of its debentures (Scrip Code: 974895) and trading will resume from August 14, 2025, with a reduced face value of Rs. 82,500 per debenture.
Key Points
- Trading suspension lifted for debentures with Scrip Code 974895
- Part redemption completed following record date of May 15, 2025
- New record date set for August 14, 2025, for interest payment and part redemption
- Face value reduced to Rs. 82,500 per debenture
- Trading to resume with reduced face value from August 14, 2025
Regulatory Changes
No regulatory changes - standard corporate action procedure for debenture part redemption.
Compliance Requirements
- Trading members must note the resumed trading status
- Trading members must acknowledge the reduced face value effective from August 14, 2025
- Settlement number DR-695/2025-2026 applies
Important Dates
- Record Date: August 14, 2025 - for interest payment and part redemption
- Effective Date: August 14, 2025 - trading resumption with reduced face value
- Settlement Number: DR-695/2025-2026
Impact Assessment
Limited impact as this affects only holders of ASCEND TELECOM INFRASTRUCTURE PVT LTD debentures. The part redemption reduces the outstanding principal amount, with trading resuming at the reduced face value. Existing debenture holders will receive partial redemption proceeds while retaining reduced principal amount debentures.
Impact Justification
Specific to one company's debentures with trading resumption and face value changes affecting existing holders