Description

IOT UTKAL ENERGY SERVICES LIMITED has fixed October 13, 2025 as record date for part redemption and interest payment on three series of non-convertible debentures with reduced face values effective from the same date.

Summary

IOT UTKAL ENERGY SERVICES LIMITED has announced part redemption of three series of non-convertible debentures with record date set as October 13, 2025. The debentures will trade with reduced face values effective from the same date in settlement DR-734/2025-2026.

Key Points

  • Three debenture series affected: IOT-10.63%-IV-20-10-28-PVT (ISIN: INE310L07985), 1008IOT26A (ISIN: INE310L07860), and IOT-9.02%-20-10-28-PVT (ISIN: INE310L07AE1)
  • Record date: October 13, 2025
  • Purpose: Part redemption of debentures and payment of interest
  • Effective date for reduced face value trading: October 13, 2025
  • Settlement number: DR-734/2025-2026

Debenture Details

Series 1: IOT-10.63%-IV-20-10-28-PVT

  • ISIN: INE310L07985 (Code: 950199)
  • Reduced face value: Rs. 64,285.64 per debenture

Series 2: 1008IOT26A

  • ISIN: INE310L07860 (Code: 950210)
  • Reduced face value: Rs. 25,000 per debenture

Series 3: IOT-9.02%-20-10-28-PVT

  • ISIN: INE310L07AE1 (Code: 952676)
  • Reduced face value: Rs. 21,954 per debenture

Compliance Requirements

  • Trading members must ensure debentures trade with reduced face values from the effective date
  • Debenture holders on record date eligible for interest payment and part redemption proceeds

Important Dates

  • Record Date: October 13, 2025
  • Effective Date for Reduced Face Value: October 13, 2025
  • Settlement: DR-734/2025-2026

Impact Assessment

This corporate action affects existing debenture holders of IOT UTKAL ENERGY SERVICES LIMITED who will receive partial redemption proceeds and accrued interest. Post-redemption, the face values of all three debenture series will be reduced, affecting future interest calculations and final redemption amounts. Trading members need to update their systems to reflect the new face values from October 13, 2025.

Impact Justification

Routine corporate action affecting debenture holders of IOT UTKAL ENERGY SERVICES LIMITED with specific financial impact through part redemption and face value reduction