Description

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

Summary

BSE has notified that LODHA DEVELOPERS LIMITED will undertake part redemption of its non-convertible debentures (Series: LDL-Reset Rate-21-01-28-PVT, ISIN: INE670K07307). The record date is fixed as October 15, 2025. Following the part redemption, the debentures will trade with a reduced face value of Rs. 96,286 per debenture effective from 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
  • Purpose: Part Redemption of Non-Convertible Debentures
  • Record Date: October 15, 2025
  • Reduced Face Value: Rs. 96,286 per debenture
  • Effective Date: October 15, 2025
  • Settlement Number: DR-736/2025-2026
  • Segment: Debt

Regulatory Changes

No regulatory changes introduced. This is a corporate action notice regarding part redemption of existing 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
  • All trades executed on or after the effective date must reflect the new face value of Rs. 96,286 per debenture
  • Debenture holders as per the record date of October 15, 2025 will be eligible for the part redemption

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 specific non-convertible debentures issued by LODHA DEVELOPERS LIMITED. The face value reduction from the original value to Rs. 96,286 per debenture indicates partial capital repayment to debenture holders.

Operational Impact: Trading members dealing in this specific debenture series must update their systems to reflect the reduced face value from October 15, 2025 onwards. The debenture will continue to trade but at the reduced face value post-redemption.

Investor Impact: Debenture holders on record as of October 15, 2025 will receive partial redemption proceeds. Post-redemption, the outstanding principal will be reflected in the reduced face value for continued trading and future interest/redemption calculations.

Impact Justification

Part redemption affects debenture holders of LODHA DEVELOPERS LIMITED with face value reduction. Impacts debt segment trading but limited to specific debenture series.