Description
Grand Hills Developments Private Limited announces part redemption of debentures with reduced face value effective October 16, 2025, along with interest payment.
Summary
Grand Hills Developments Private Limited has announced part redemption of its 11.70% non-convertible debentures along with interest payment. The record date is set for October 16, 2025, and trading in these debentures will commence with reduced face value from the same date.
Key Points
- Issuer: Grand Hills Developments Private Limited
- Security: 11.70% Non-Convertible Debentures (ISIN: INE0DWX07025, Code: 975780)
- Record Date: October 16, 2025
- Purpose: Part redemption of debentures and payment of interest
- Reduced Face Value: Rs. 78,824 per debenture
- Effective Date: October 16, 2025
- Settlement Number: DR-737/2025-2026
Regulatory Changes
No regulatory changes. This is a routine corporate action notification.
Compliance Requirements
- Trading members must note that trading in the debentures will be with reduced face value effective from October 16, 2025
- Debenture holders on record as of October 16, 2025 will be eligible for interest payment and part redemption
Important Dates
- October 13, 2025: Circular notice date
- October 16, 2025: Record date for interest payment and part redemption
- October 16, 2025: Effective date for trading with reduced face value (Settlement DR-737/2025-2026)
Impact Assessment
This is a standard debt corporate action affecting only holders of Grand Hills Developments Private Limited debentures. The part redemption reduces the face value to Rs. 78,824 per debenture. Impact is limited to debt investors holding this specific security, with no broader market implications. Trading members need to ensure systems reflect the reduced face value from October 16, 2025.
Impact Justification
Routine part redemption of private company debentures affecting only debt security holders of this specific issuer