Description
UGRO Capital Limited has fixed record date for part redemption of non-convertible debentures with reduced face value effective September 8, 2025.
Summary
UGRO Capital Limited has announced part redemption of its non-convertible debentures along with interest payment. The company has set September 9, 2025 as the record date, and trading will commence with reduced face value of Rs. 25,000 per debenture from September 8, 2025.
Key Points
- Part redemption of non-convertible debentures of UGRO Capital Limited
- Record date fixed as September 9, 2025
- Debenture code: UCL-10.25%-18-4-26-PVT (ISIN: INE583D08040)
- BSE scrip code: 975349
- Reduced face value: Rs. 25,000 per debenture
- Effective date for reduced face value trading: September 8, 2025
- Settlement number: DR-710/2025-2026
Regulatory Changes
No regulatory changes announced. This is a standard corporate action 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 interest payment and redemption eligibility
Important Dates
- Record Date: September 9, 2025 - for interest payment and part redemption eligibility
- Effective Date: September 8, 2025 - trading commences with reduced face value
- Notice Date: September 5, 2025
Impact Assessment
Moderate impact on UGRO Capital debenture holders as part redemption reduces the outstanding principal amount. The face value reduction to Rs. 25,000 per debenture affects trading dynamics and liquidity. Interest payment along with partial redemption provides cash flow to investors while reducing the company’s debt burden.
Impact Justification
Part redemption affects debenture holders with face value reduction, moderate impact on debt market