Description
BSE notice regarding part redemption of non-convertible debentures with reduced face values effective from August 29, 2025.
Summary
KOLTE-PATIL DEVELOPERS LTD has announced part redemption of three series of non-convertible debentures with record date of August 30, 2025. Trading in these debentures will commence with reduced face values from August 29, 2025.
Key Points
- Three debenture series affected: KPDL-ZC-17-4-33-PVT, KPDL-21-12-33-PVT, and KPDL-ZC-20-9-34-PVT
- Record date fixed for August 30, 2025
- Trading with reduced face values starts August 29, 2025
- Settlement number DR-704/2025-2026
Regulatory Changes
No regulatory changes announced.
Compliance Requirements
Trading members must note the reduced face values for trading in the affected debentures from the effective date.
Important Dates
- August 29, 2025: Effective date for trading with reduced face values
- August 30, 2025: Record date for part redemption
Impact Assessment
The part redemption will result in reduced face values for the debentures:
- KPDL-ZC-17-4-33-PVT: Rs. 74,679 per debenture
- KPDL-21-12-33-PVT: Rs. 73,065 per debenture
- KPDL-ZC-20-9-34-PVT: Rs. 77,287 per debenture
This affects the trading mechanics and valuation of these specific debt instruments.
Impact Justification
Affects trading of specific debenture series with face value reductions