Description

IOT UTKAL ENERGY SERVICES LIMITED announces part redemption and interest payment on three series of non-convertible debentures with record date October 13, 2025.

Summary

IOT UTKAL ENERGY SERVICES LIMITED has announced part redemption and interest payment on three series of non-convertible debentures. The record date is October 13, 2025, and trading in these debentures will commence with reduced face values effective from the same date under settlement number DR-734/2025-2026.

Key Points

  • Three debenture series affected: IOT-10.63%-IV-20-10-28-PVT (INE310L07985), 1008IOT26A (INE310L07860), and IOT-9.02%-20-10-28-PVT (INE310L07AE1)
  • Record date for part redemption and interest payment: October 13, 2025
  • Trading with reduced face values effective from October 13, 2025
  • Settlement number: DR-734/2025-2026
  • Notice issued by Marian Dsouza, Assistant Vice President – Listing Operations (CRD)

Regulatory Changes

No regulatory changes introduced.

Compliance Requirements

Trading members must note the reduced face values effective from October 13, 2025:

  • IOT-10.63%-IV-20-10-28-PVT (Code: 950199): Reduced to Rs. 64,285.64 per debenture
  • 1008IOT26A (Code: 950210): Reduced to Rs. 25,000 per debenture
  • IOT-9.02%-20-10-28-PVT (Code: 952676): Reduced to Rs. 21,954 per debenture

Important Dates

  • Notice Date: October 8, 2025
  • 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 holders of specific privately placed debentures of IOT UTKAL ENERGY SERVICES LIMITED. The part redemption will reduce the outstanding principal amount of three debenture series. Impact is limited to debenture holders and does not affect broader market operations or equity shareholders. The reduced face values will be reflected in trading from October 13, 2025.

Impact Justification

Routine part redemption of privately placed debentures affecting specific debenture holders only, with no broader market impact