Description

IOT UTKAL ENERGY SERVICES LIMITED announces part redemption of three series of non-convertible debentures with reduced face values effective October 13, 2025.

Summary

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

Key Points

  • Three debenture series are subject to part redemption and interest payment
  • Record date fixed as October 13, 2025
  • Trading with reduced face values effective from October 13, 2025
  • Settlement number: DR-734/2025-2026
  • All three debentures are private placements (PVT)

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 note the reduced face values effective from October 13, 2025
  • All trading in these debentures must reflect the new face values from the effective date
  • Members should update their systems to reflect the part redemption

Important Dates

  • Notice Date: October 8, 2025
  • Record Date: October 13, 2025
  • Effective Date of Reduced Face Value: October 13, 2025
  • Settlement Number: DR-734/2025-2026

Impact Assessment

This part redemption represents a return of capital to debenture holders while the instruments remain active with reduced face values. Debenture holders in all three series will receive both interest payment and partial principal redemption. Trading members must ensure their systems are updated to reflect the new face values to maintain accurate pricing and settlement processes.

Impact Justification

Standard debt instrument part redemption affecting three debenture series with specific impact on debenture holders of IOT UTKAL ENERGY SERVICES LIMITED