Description
J.K. CEMENT LTD fixes record date for payment of interest and part redemption of non-convertible debentures with reduced face value effective September 4, 2025.
Summary
J.K. CEMENT LTD has announced part redemption of its non-convertible debentures along with interest payment. The company has fixed the record date as September 4, 2025, and trading in these debentures will commence with a reduced face value from the same date.
Key Points
- Company: J.K. CEMENT LTD
- ISIN: INE823G07219 (Code: 974689)
- Debenture Series: JKCL-7.90%-21-3-28-PVT
- Record Date: September 4, 2025
- Purpose: Part redemption and interest payment
- Reduced Face Value: Rs. 62,500 per debenture
Regulatory Changes
No regulatory changes announced in this circular.
Compliance Requirements
- Trading members must note the reduced face value effective from September 4, 2025
- Settlement number: DR-708/2025-2026
- Debentures will trade with reduced face value from the effective date
Important Dates
- Record Date: September 4, 2025
- Effective Date for Reduced Face Value: September 4, 2025
- Settlement: DR-708/2025-2026
Impact Assessment
This corporate action will affect debenture holders of J.K. CEMENT LTD through partial redemption and interest payment. The reduction in face value to Rs. 62,500 per debenture will impact trading dynamics and pricing of these debt securities from September 4, 2025.
Impact Justification
Corporate action affecting debenture holders with specific trading implications and reduced face value