Description
BIRLA CORPORATION LTD has fixed record date for part redemption of debentures and interest payment, with trading to commence at reduced face value of Rs. 400,000 per debenture.
Summary
BIRLA CORPORATION LTD has announced part redemption of its Non-Convertible Debentures (BCL-9.25%-14-09-26-PVT, ISIN: INE340A07092) along with interest payment. Trading in these debentures will commence with a reduced face value of Rs. 400,000 per debenture effective from August 28, 2025.
Key Points
- Company: BIRLA CORPORATION LTD
- Debenture Code: BCL-9.25%-14-09-26-PVT
- ISIN: INE340A07092 (Code: 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
No regulatory framework changes. This is a standard corporate action procedure for debenture part redemption with face value adjustment.
Compliance Requirements
- Trading Members must note the reduced face value effective from August 28, 2025
- All trading in the affected debentures must reflect the new face value from the effective date
- Settlement procedures to follow standard BSE debt segment protocols
Important Dates
- Record Date: August 28, 2025
- Effective Date for Reduced Face Value: August 28, 2025
- Settlement: DR-703/2025-2026
Impact Assessment
Medium impact limited to holders of BIRLA CORPORATION LTD debentures. The part redemption will reduce the outstanding principal amount, and trading will continue at the reduced face value. This is a positive corporate action providing partial liquidity to debenture holders while maintaining the instrument’s tradability.
Impact Justification
Corporate action affecting specific debenture holders with trading implications from effective date