Description

KRAZYBEE SERVICES LTD has fixed record date for payment of interest and part redemption of non-convertible debentures with reduced face value effective October 15, 2025.

Summary

KRAZYBEE SERVICES LTD has announced part redemption of its 11% Non-Convertible Debentures (ISIN: INE07HK07767) maturing on January 30, 2026. The company has fixed October 15, 2025 as the record date for payment of interest and part redemption. Trading in these debentures will commence with a reduced face value of Rs. 16,666.67 per debenture effective from October 15, 2025 under settlement number DR-736/2025-2026.

Key Points

  • Security Code: 975869 (KSL-11%-30-1-26-PVT)
  • ISIN: INE07HK07767
  • Record Date: October 15, 2025
  • Purpose: Part Redemption of Debentures and Payment of Interest
  • Reduced Face Value: Rs. 16,666.67 per Debenture
  • Effective Date: October 15, 2025
  • Settlement Number: DR-736/2025-2026

Regulatory Changes

No regulatory changes are introduced by this circular. This is a standard corporate action notification for part redemption of debentures.

Compliance Requirements

Trading members must note that:

  • Trading in the debentures will be conducted with the reduced face value effective from October 15, 2025
  • Members must update their systems to reflect the new face value of Rs. 16,666.67 per debenture
  • All trades executed on or after the effective date must be at the reduced face value

Important Dates

  • Notice Date: October 10, 2025
  • Record Date: October 15, 2025
  • Effective Date for Reduced Face Value: October 15, 2025
  • Settlement Number: DR-736/2025-2026

Impact Assessment

Impact on Debenture Holders: Debenture holders will receive part redemption proceeds along with interest payment. The face value reduction indicates a partial return of principal.

Market Impact: Limited to holders of this specific debt security. Trading will continue with adjusted face value post the effective date.

Operational Impact: Trading members need to adjust their systems to reflect the reduced face value for accurate pricing and settlement of trades executed on or after October 15, 2025.

Impact Justification

Part redemption of debentures affects debenture holders with face value reduction and interest payment; impacts specific debt security only