Description
Sylvanus Properties Limited fixes record date for part redemption of non-convertible debentures with reduced face value effective August 26, 2025.
Summary
Sylvanus Properties Limited has announced a part redemption of its non-convertible debentures with record date fixed for August 26, 2025. The debentures will trade with reduced face value of Rs. 66,000 per debenture effective from the same date.
Key Points
- Company: Sylvanus Properties Limited
- Security Code: SPL-13.50%-3-1-28-PVT (ISIN: INE826M07038, BSE Code: 976314)
- Record date: August 26, 2025
- Reduced face value: Rs. 66,000 per debenture
- Effective date: August 26, 2025
- Settlement number: DR-702/2025-2026
Regulatory Changes
No regulatory changes introduced. This is a routine corporate action pursuant to debenture terms.
Compliance Requirements
- Trading members must note that debentures will trade with reduced face value from August 26, 2025
- Debenture holders as on record date will be eligible for part redemption
Important Dates
- Record Date: August 26, 2025
- Effective Date for Reduced Face Value Trading: August 26, 2025
- Settlement: DR-702/2025-2026
Impact Assessment
Limited impact confined to holders of Sylvanus Properties Limited debentures. The part redemption will reduce the outstanding principal amount while debentures continue trading at the reduced face value. No broader market implications expected.
Impact Justification
Routine corporate action affecting specific debenture holders with limited market-wide impact