Description
Trading resumption with reduced face value following partial redemption of debentures effective August 14, 2025.
Summary
ASCEND TELECOM INFRASTRUCTURE PVT LTD has completed partial 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 in debentures suspended for partial redemption process
- Debentures have been partly redeemed as per earlier notice dated May 12, 2025
- Record date for redemption was May 15, 2025
- Trading to resume with reduced face value effective August 14, 2025
- ISIN: INE889K08038, Scrip Code: 974895
Regulatory Changes
No regulatory changes. Standard corporate action procedure for debenture redemption.
Compliance Requirements
- Trading members must note the reduced face value for trading purposes
- Updated face value to be reflected in all trading systems
- Settlement adjustments to account for reduced face value
Important Dates
- Record Date: August 14, 2025 (for interest payment and part redemption)
- Effective Date: August 14, 2025 (DR-695/2025-2026)
- Trading Resumption: August 14, 2025
Impact Assessment
Limited impact as this affects a single private company’s debentures. The partial redemption reduces the outstanding debt instrument size, with trading resuming at the adjusted face value of Rs. 82,500 per debenture.
Impact Justification
Affects single company debentures with limited market impact