Description
IOT UTKAL ENERGY SERVICES LIMITED announces part redemption of non-convertible debentures with reduced face values effective September 12, 2025.
Summary
IOT UTKAL ENERGY SERVICES LIMITED has announced part redemption of its non-convertible debentures with record date of September 12, 2025. Trading in these debentures will continue with reduced face values effective from the same date across three different debenture series.
Key Points
- Record date fixed as September 12, 2025 for part redemption
- Three debenture series affected with different reduced face values
- Trading continues with reduced face values from effective date
- Settlement number DR-714/2025-2026 applies to all series
Regulatory Changes
No regulatory framework changes. Standard corporate action procedure for debt securities part redemption.
Compliance Requirements
- Trading members must note the reduced face values for trading
- Debentures will trade with new reduced face values from September 12, 2025
- Proper settlement procedures to be followed under DR-714/2025-2026
Important Dates
- Record Date: September 12, 2025
- Effective Date: September 12, 2025
- Settlement: DR-714/2025-2026
Impact Assessment
Medium impact on debenture holders of IOT UTKAL ENERGY SERVICES LIMITED. The part redemption reduces the face values significantly - from original values to Rs. 61,158.19, Rs. 50,000, and Rs. 22,712 respectively for the three series. This provides partial liquidity to investors while maintaining trading continuity at reduced face values.
Impact Justification
Part redemption affects debenture holders with changed face values but limited to specific debt securities