Description
NEOGROWTH CREDIT PRIVATE LIMITED has fixed record date for part redemption of non-convertible debentures with reduced face value effective August 22, 2025.
Summary
NEOGROWTH CREDIT PRIVATE LIMITED has announced part redemption of its non-convertible debentures (ISIN: INE814O07527) with record date of August 23, 2025. Trading in these debentures will commence with reduced face value of Rs. 28,571.45 per debenture effective August 22, 2025.
Key Points
- Company: NEOGROWTH CREDIT PRIVATE LIMITED
- Debenture Code: NCPL-11.75%-7-3-26-PVT
- ISIN: INE814O07527 (975722)
- Part redemption of non-convertible debentures
- New reduced face value: Rs. 28,571.45 per debenture
Regulatory Changes
No regulatory framework changes. This is a corporate action involving part redemption of existing debt securities.
Compliance Requirements
- Trading members must note the reduced face value effective from August 22, 2025
- Settlement under DR-700/2025-2026
- All trading to be conducted with the new reduced face value
Important Dates
- Record Date: August 23, 2025
- Effective Date: August 22, 2025 (for reduced face value trading)
- Settlement Number: DR-700/2025-2026
- Notice Date: August 18, 2025
Impact Assessment
Medium impact limited to holders of NEOGROWTH CREDIT debentures. The part redemption will reduce the outstanding principal amount, and trading will continue with the reduced face value. This is a routine corporate action that affects debt instrument valuations and trading parameters for the specific security.
Impact Justification
Affects specific debenture holders of NEOGROWTH CREDIT with face value reduction from part redemption