Description
BSE announces part redemption of non-convertible debentures with reduced face value from Rs. 66,000 per debenture effective August 26, 2025.
Summary
Sylvanus Properties Limited has announced part redemption of its non-convertible debentures with a record date of August 26, 2025. Trading in these debentures will continue with a reduced face value of Rs. 66,000 per debenture from the effective date.
Key Points
- Company: Sylvanus Properties Limited
- Security Code: SPL-13.50%-3-1-28-PVT INE826M07038 (976314)
- Part redemption of non-convertible debentures
- Trading continues with reduced face value post-redemption
- Settlement number: DR-702/2025-2026
Regulatory Changes
No regulatory framework changes. Standard corporate action procedure for debenture part redemption.
Compliance Requirements
- Trading members must note the reduced face value for trading purposes
- Debentures will trade at Rs. 66,000 per debenture face value from effective date
- Standard settlement procedures apply
Important Dates
- Record Date: August 26, 2025
- Effective Date: August 26, 2025
- Settlement: DR-702/2025-2026
Impact Assessment
Limited impact as this affects only specific debentures of Sylvanus Properties Limited. Trading members need to adjust for the reduced face value in their systems. No broader market implications expected.
Impact Justification
Affects trading of specific debentures with face value changes