Description
J.K. CEMENT LTD announces part redemption of debentures with record date September 4, 2025 and reduced face value to Rs. 62,500 per debenture.
Summary
J.K. CEMENT LTD has announced part redemption of its Non-Convertible Debentures with a record date of September 4, 2025. The debentures will trade with a reduced face value of Rs. 62,500 per debenture effective from the same date.
Key Points
- Company: J.K. CEMENT LTD (JKCL-7.90%-21-3-28-PVT)
- ISIN: INE823G07219 (Code: 974689)
- Record date: September 4, 2025
- Effective date: September 4, 2025
- Settlement number: DR-708/2025-2026
- Reduced face value: Rs. 62,500 per debenture
Corporate Action Details
The corporate action involves both part redemption of debentures and payment of interest on the Non-Convertible Debentures of J.K. CEMENT LTD.
Trading Impact
Trading in the debentures will commence with the reduced face value effective from September 4, 2025. Trading members have been notified of this change in trading parameters.
Important Dates
- Record Date: September 4, 2025
- Effective Date for Reduced Face Value: September 4, 2025
- Notice Date: August 19, 2025
Impact Assessment
This corporate action affects debenture holders of J.K. CEMENT LTD through partial redemption and interest payment. The reduced face value will impact trading dynamics and market pricing of the debentures going forward.
Impact Justification
Corporate action affecting debenture holders with face value reduction and interest payment