Description
J.K. CEMENT LTD has fixed record date for part redemption of debentures and interest payment 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 set a record date of September 4, 2025, and trading in the debentures will commence with reduced face value from the same date.
Key Points
- Company: J.K. CEMENT LTD
- Debenture Code: JKCL-7.90%-21-3-28-PVT (INE823G07219)
- BSE Code: 974689
- Record Date: September 4, 2025
- Purpose: Part redemption of debentures and payment of interest
- New Face Value: Rs. 62,500 per debenture
- Effective Date: September 4, 2025
- Settlement Number: DR-708/2025-2026
Regulatory Changes
No regulatory changes. This is a standard corporate action under existing debt market regulations.
Compliance Requirements
- Trading members must note the reduced face value effective from September 4, 2025
- All trading in these debentures will be conducted at the new reduced face value
- Debenture holders as of record date will be eligible for interest payment and partial redemption
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 existing debenture holders of J.K. CEMENT LTD. The reduction in face value to Rs. 62,500 per debenture indicates a partial redemption, providing liquidity to investors while maintaining the debt instrument’s trading status on the exchange.
Impact Justification
Standard corporate action affecting debenture holders with specific record date and face value reduction