Description
BSE announces revised reduced face value of Rs. 99,714.29 per debenture for Lodha Developers Ltd following part redemption, effective September 2, 2025.
Summary
BSE has informed trading members about the revised reduced face value of Lodha Developers Ltd debentures (scrip code: 976923) following a part redemption. The debentures will trade at the new reduced face value of Rs. 99,714.29 per debenture effective September 2, 2025.
Key Points
- Company: Lodha Developers Ltd (LDL-Reset Rate-21-01-28-PVT)
- ISIN: INE670K07307
- Scrip Code: 976923
- New reduced face value: Rs. 99,714.29 per debenture
- Effective date for trading: September 2, 2025
- Document reference: DR-706/2025-2026
Regulatory Changes
Debentures will be traded with the revised reduced face value following the part redemption process that was announced with record date of August 13, 2025.
Compliance Requirements
Trading members are required to take note of the revised face value and ensure compliance with the new trading parameters effective from September 2, 2025.
Important Dates
- Record Date: August 13, 2025 (previously announced)
- Effective Trading Date: September 2, 2025
- Notice Date: September 1, 2025
Impact Assessment
The significant reduction in face value will affect the trading dynamics of these debentures. Trading members need to adjust their systems and processes to accommodate the new face value for accurate pricing and settlement.
Impact Justification
Corporate action affecting debenture trading with significant face value reduction from existing amount