Description

BSE announces part redemption of three series of non-convertible debentures issued by Kolte-Patil Developers Ltd with record date October 15, 2025 and reduced face values effective from the same date.

Summary

BSE has notified trading members about the part redemption of three series of non-convertible debentures issued by Kolte-Patil Developers Ltd. The record date for redemption is October 15, 2025, and trading in these debentures will commence with reduced face values from the same date under settlement number DR-736/2025-2026.

Key Points

  • Three series of debentures are subject to part redemption
  • KPDL-ZC-17-4-33-PVT (INE094I07049) - reduced face value Rs. 69,698 per debenture
  • KPDL-21-12-33-PVT (INE094I07064) - reduced face value Rs. 68,721 per debenture
  • KPDL-ZC-20-9-34-PVT (INE094I07072) - reduced face value Rs. 73,518 per debenture
  • Trading with reduced face values effective from October 15, 2025
  • Notice issued by Marian Dsouza, Assistant Vice President - Listing Operations (CRD)

Regulatory Changes

No regulatory changes announced. This is a standard corporate action notification.

Compliance Requirements

  • Trading members must note the record date of October 15, 2025
  • Trading in the affected debentures must reflect reduced face values from October 15, 2025
  • Settlement number DR-736/2025-2026 applies to transactions with reduced face values

Important Dates

  • Notice Date: October 13, 2025
  • Record Date: October 15, 2025
  • Effective Date for Reduced Face Value: October 15, 2025
  • Settlement Number: DR-736/2025-2026

Impact Assessment

This circular has minimal market-wide impact as it pertains to a routine corporate action affecting only specific debt securities of Kolte-Patil Developers Ltd. Debenture holders will receive partial redemption amounts, and the remaining principal will be reflected through reduced face values. Trading members dealing with these specific ISINs need to update their systems to reflect the new face values from October 15, 2025.

Impact Justification

Routine corporate action affecting specific debt securities of one company with limited market-wide impact