Description
Birla Corporation Ltd announces part redemption of debentures with reduced face value effective August 28, 2025.
Summary
Birla Corporation Ltd has announced a part redemption of its non-convertible debentures along with interest payment. The company has fixed August 28, 2025 as the record date, and trading in these debentures will commence with a reduced face value from the same date.
Key Points
- Company: Birla Corporation Ltd
- Debenture Code: BCL-9.25%-14-09-26-PVT (INE340A07092)
- ISIN: 954925
- Record Date: August 28, 2025
- Purpose: Part redemption of debentures and payment of interest
- New face value: Rs. 400,000 per debenture
- Settlement number: DR-703/2025-2026
Regulatory Changes
Trading in the debentures will be conducted with the reduced face value effective from August 28, 2025.
Compliance Requirements
Trading members of BSE are required to note the change in face value and ensure proper settlement procedures are followed for the affected debentures.
Important Dates
- Record Date: August 28, 2025
- Effective Date for Reduced Face Value: August 28, 2025
- Notice Date: August 20, 2025
Impact Assessment
This corporate action will affect the trading dynamics of Birla Corporation’s debentures as the face value will be reduced to Rs. 400,000 per debenture. Investors and trading members need to account for this change in their trading and settlement processes.
Impact Justification
Corporate action affecting debt securities trading with reduced face value