Description
ASCEND TELECOM INFRASTRUCTURE PVT LTD has partly redeemed debentures and trading will resume with reduced face value of Rs. 82,500 per debenture effective August 14, 2025.
Summary
ASCEND TELECOM INFRASTRUCTURE PVT LTD has completed partial redemption of its non-convertible debentures (Scrip Code: 974895) and requested resumption of trading. Trading will resume on August 14, 2025, with a reduced face value of Rs. 82,500 per debenture following the part redemption and interest payment.
Key Points
- Debentures have been partly redeemed following the May 12, 2025 notice with record date of May 15, 2025
- Trading in debentures (Scrip Code: 974895) will resume from August 14, 2025
- Face value reduced to Rs. 82,500 per debenture effective from August 14, 2025
- Record date for part redemption and interest payment: August 14, 2025
- Settlement number: DR-695/2025-2026
Regulatory Changes
No new regulatory changes introduced. This is a corporate action involving part redemption of existing debentures.
Compliance Requirements
- Trading members must note the resumption of trading from August 14, 2025
- Trading members must recognize the reduced face value of Rs. 82,500 per debenture
- All trading activities must comply with the new face value structure
Important Dates
- August 14, 2025: Trading resumption date with reduced face value
- August 14, 2025: Record date for part redemption and interest payment
- May 15, 2025: Previous record date (reference from earlier notice)
Impact Assessment
Medium impact limited to holders of ASCEND TELECOM INFRASTRUCTURE PVT LTD debentures. The part redemption reduces the outstanding principal amount, affecting the face value and potentially the trading dynamics of these debt securities. Trading members need to update their systems to reflect the new face value for proper settlement and trading operations.
Impact Justification
Affects specific debenture holders and trading operations for ASCEND TELECOM debentures with face value changes