Description

Grand Hills Developments Private Limited has fixed October 16, 2025 as the record date for part redemption of debentures and interest payment, with reduced face value effective from the same date.

Summary

Grand Hills Developments Private Limited has announced the part redemption of its 11.70% non-convertible debentures (ISIN: INE0DWX07025, Scrip Code: 975780) along with interest payment. The record date has been fixed as October 16, 2025, and trading in these debentures will commence with a reduced face value of Rs. 78,824 per debenture effective from the same date under settlement number DR-737/2025-2026.

Key Points

  • Company: Grand Hills Developments Private Limited
  • Security Type: 11.70% Redeemable Non-Convertible Debentures
  • ISIN: INE0DWX07025
  • Scrip Code: 975780
  • Record Date: October 16, 2025
  • Purpose: Part redemption of debentures and payment of interest
  • New Reduced Face Value: Rs. 78,824 per debenture
  • Effective Date of Reduced Face Value: October 16, 2025
  • Settlement Number: DR-737/2025-2026

Regulatory Changes

No regulatory changes introduced. This is a routine corporate action notice.

Compliance Requirements

  • Trading members must note that trading in the debentures will be conducted with the reduced face value effective from October 16, 2025
  • All systems and records must be updated to reflect the new face value of Rs. 78,824 per debenture
  • Only debenture holders on record as of October 16, 2025 will be eligible for the interest payment and part redemption proceeds

Important Dates

  • Notice Date: October 13, 2025
  • Record Date: October 16, 2025
  • Effective Date for Reduced Face Value: October 16, 2025
  • Settlement Number: DR-737/2025-2026

Impact Assessment

Market Impact: Low - This is a private limited company with privately placed debentures, so market impact is minimal and limited to existing debenture holders.

Operational Impact: Low - Trading members need to update their systems to reflect the reduced face value, but this is a routine operational adjustment.

Investor Impact: Medium for debenture holders - They will receive part redemption proceeds and interest payment. The reduced face value reflects the partial return of principal, which is positive for liquidity but reduces the investment size.

Impact Justification

Routine corporate action affecting privately placed debentures of a private limited company with limited market impact. Only debenture holders are affected.