Description
BSE notice regarding part redemption of non-convertible debentures with reduced face value effective from August 22, 2025.
Summary
NEOGROWTH CREDIT PRIVATE LIMITED has announced part redemption of its non-convertible debentures with record date of August 23, 2025. Trading in the debentures will commence with reduced face value of Rs. 28,571.45 per debenture effective from August 22, 2025.
Key Points
- Company: NEOGROWTH CREDIT PRIVATE LIMITED
- ISIN: INE814O07527 (Code: 975722)
- Security: NCPL-11.75%-7-3-26-PVT
- Record date: August 23, 2025
- Effective date: August 22, 2025
- Settlement number: DR-700/2025-2026
Regulatory Changes
Trading in the debentures will be conducted with reduced face value effective from the specified date as part of the part redemption process.
Compliance Requirements
- Trading members must note the change in face value for trading purposes
- All trading activities must reflect the new reduced face value from the effective date
Important Dates
- Record Date: August 23, 2025
- Effective Date for Reduced Face Value: August 22, 2025
- Notice Date: August 18, 2025
Impact Assessment
This is a routine corporate action affecting specific debt securities of NEOGROWTH CREDIT PRIVATE LIMITED. The part redemption will reduce the face value of outstanding debentures to Rs. 28,571.45 per debenture, impacting trading and settlement processes for these securities.
Impact Justification
Standard corporate action affecting specific debt securities with clear operational changes