Description
Part redemption of non-convertible debentures with reduced face value to Rs. 81,844 per debenture effective October 16, 2025.
Summary
Sadbhav Gadag Highway Private Limited has announced part redemption of its non-convertible debentures (ISIN: INE04AP07016, Code: 976067). The record date is October 16, 2025, and trading will commence with reduced face value from the same date in settlement DR-737/2025-2026.
Key Points
- Debenture series: SGHPL-10%-RESET RATE-31-10-28
- ISIN: INE04AP07016
- BSE Code: 976067
- Record date for part redemption: October 16, 2025
- Reduced face value: Rs. 81,844 per debenture
- Effective date for reduced face value trading: October 16, 2025
- Settlement number: DR-737/2025-2026
Regulatory Changes
No regulatory changes introduced by this circular.
Compliance Requirements
- Trading members must note that trading in these debentures will be conducted with the reduced face value effective from October 16, 2025
- All market participants should update their systems to reflect the new face value
Important Dates
- October 14, 2025: Circular notice date
- October 16, 2025: Record date for part redemption
- October 16, 2025: Effective date for trading with reduced face value (Settlement DR-737/2025-2026)
Impact Assessment
This is a standard corporate action affecting a single debt security. The part redemption reduces the outstanding face value of the debentures to Rs. 81,844 per unit. Impact is limited to holders of this specific debenture series. Trading members need to ensure their systems reflect the updated face value from October 16, 2025 onwards.
Impact Justification
Routine part redemption of debentures affecting a single debt security with limited market impact.