Description

BIRLA CORPORATION LTD has fixed record date for part redemption and interest payment on non-convertible debentures with reduced face value effective August 28, 2025.

Summary

BIRLA CORPORATION LTD has announced part redemption of its non-convertible debentures (INE340A07092) with record date set for August 28, 2025. The debentures will trade with reduced face value of Rs. 400,000 per debenture effective from the same date.

Key Points

  • Company: BIRLA CORPORATION LTD
  • Debenture Code: BCL-9.25%-14-09-26-PVT (INE340A07092)
  • Security Code: 954925
  • Purpose: Part redemption of debentures and payment of interest
  • Reduced face value: Rs. 400,000 per debenture
  • Settlement number: DR-703/2025-2026

Regulatory Changes

No regulatory framework changes. This is a standard corporate action process for debt securities.

Compliance Requirements

  • Trading members must note the change in face value for trading purposes
  • Debentures will trade with reduced face value from the effective date
  • Proper settlement procedures must be followed as per BSE guidelines

Important Dates

  • Record Date: August 28, 2025
  • Effective Date for Reduced Face Value: August 28, 2025
  • Notice Date: August 20, 2025

Impact Assessment

Limited impact as this affects only holders of specific BIRLA CORPORATION debentures. The part redemption reduces the outstanding principal amount while providing liquidity to debenture holders. Trading will continue with adjusted face value without disruption to market operations.

Impact Justification

Routine corporate action affecting specific debenture holders with clear dates and procedures