Description
IOT UTKAL ENERGY SERVICES LIMITED has announced part redemption of debentures across three series with record date of October 13, 2025, resulting in reduced face values effective from the same date.
Summary
IOT UTKAL ENERGY SERVICES LIMITED has fixed October 13, 2025 as the record date for part redemption of debentures and payment of interest across three series of Non-Convertible Debentures. Trading in these debentures will commence with reduced face values effective from October 13, 2025 (Settlement No. DR-734/2025-2026).
Key Points
- Three series of debentures affected by part redemption
- Record date: October 13, 2025
- Effective date for reduced face value trading: October 13, 2025
- Settlement number: DR-734/2025-2026
- Part redemption combined with interest payment
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
Important Dates
- Record Date: October 13, 2025
- Effective Date for Reduced Face Value: October 13, 2025
- Settlement Number: DR-734/2025-2026
Impact Assessment
This is a routine corporate action affecting debenture holders of IOT UTKAL ENERGY SERVICES LIMITED. Trading members should note the change in face values for these debt securities. The part redemption will return principal to debenture holders while the remaining investment continues with reduced face values. Limited market-wide impact as this affects only specific privately placed debentures.
Impact Justification
Routine part redemption affecting specific debenture holders of a single company with no broader market implications