Description

LODHA DEVELOPERS LIMITED has fixed record date October 15, 2025 for part redemption of non-convertible debentures, with reduced face value of Rs. 96,286 per debenture effective from the same date.

Summary

BSE has notified that LODHA DEVELOPERS LIMITED has set October 15, 2025 as the record date for part redemption of its non-convertible debentures (ISIN: INE670K07307). The face value of the debentures will be reduced to Rs. 96,286 per debenture, and trading will commence with the reduced face value from the effective date of October 15, 2025 under settlement number DR-736/2025-2026.

Key Points

  • Company: LODHA DEVELOPERS LIMITED
  • Debenture series: LDL-Reset Rate-21-01-28-PVT
  • ISIN: INE670K07307
  • BSE Code: 976923
  • Record date: October 15, 2025
  • Purpose: Part redemption of non-convertible debentures
  • New reduced face value: Rs. 96,286 per debenture
  • Trading with reduced face value commences: October 15, 2025
  • Settlement number: DR-736/2025-2026

Regulatory Changes

No new regulatory changes introduced. This is a standard corporate action notification for part redemption of debt securities.

Compliance Requirements

  • Trading members must note that trading in the debentures will be conducted with the reduced face value effective from October 15, 2025
  • All trades executed from the effective date onwards must reflect the new reduced face value of Rs. 96,286 per debenture

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

Market Impact: Medium - This part redemption affects holders of this specific debenture series of LODHA DEVELOPERS LIMITED. The reduction in face value represents a return of capital to debenture holders.

Operational Impact: Trading members need to ensure their systems reflect the reduced face value from October 15, 2025 onwards. All pricing, settlement, and reporting mechanisms must be updated to reflect the new face value of Rs. 96,286 per debenture.

Investor Impact: Debenture holders as on the record date (October 15, 2025) will receive the part redemption amount, resulting in a reduced outstanding principal amount per debenture.

Impact Justification

Part redemption of debentures affects debt security holders of LODHA DEVELOPERS LIMITED with specific face value reduction. Impact limited to debenture holders of this specific series.