Description
Kolte-Patil Developers announces part redemption of three series of non-convertible debentures with record date August 30, 2025.
Summary
Kolte-Patil Developers Ltd has announced the part redemption of three series of non-convertible debentures with record date set for August 30, 2025. Trading in these debentures will commence with reduced face values effective 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 begins 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 purposes effective from the specified dates.
Important Dates
- August 29, 2025: Effective date for trading with reduced face values
- August 30, 2025: Record date for part redemption
Impact Assessment
Routine corporate action affecting specific debt instruments. Impact limited to holders of the specified debenture series. Reduced face values: Rs. 74,679 per debenture (KPDL-ZC-17-4-33-PVT), Rs. 73,065 per debenture (KPDL-21-12-33-PVT), and Rs. 77,287 per debenture (KPDL-ZC-20-9-34-PVT).
Impact Justification
Routine debenture redemption affecting specific debt instruments