Description
BSE notice regarding part redemption of non-convertible debentures with reduced face value effective August 26, 2025.
Summary
BSE has announced that SYLVANUS PROPERTIES LIMITED will conduct a part redemption of its non-convertible debentures. Trading in the debentures will commence with a reduced face value of Rs. 66,000 per debenture effective August 26, 2025, with record date set for the same date.
Key Points
- Company: SYLVANUS PROPERTIES LIMITED (Code: SPL-13.50%-3-1-28-PVT)
- ISIN: INE826M07038 (976314)
- Part redemption of non-convertible debentures
- Reduced face value: Rs. 66,000 per debenture
- Settlement number: DR-702/2025-2026
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
- Record date compliance for determining eligible debenture holders
Important Dates
- Record Date: August 26, 2025
- Effective Date: August 26, 2025
- Settlement: DR-702/2025-2026
Impact Assessment
Medium impact limited to SYLVANUS PROPERTIES LIMITED debenture holders. The part redemption will reduce the outstanding principal amount, affecting the trading value and yield calculations for these debt securities. Trading members need to adjust their systems for the new face value.
Impact Justification
Standard corporate action affecting specific debenture holders with clear operational impact