Description
BSE announces part redemption of non-convertible debentures of SADBHAV GADAG HIGHWAY PRIVATE LIMITED with reduced face value effective October 16, 2025.
Summary
BSE has issued a notice regarding the part redemption of non-convertible debentures issued by SADBHAV GADAG HIGHWAY PRIVATE LIMITED. The company has fixed a record date of October 16, 2025, for determining eligible debenture holders. Trading in the debentures will commence with a reduced face value of Rs. 81,844 per debenture from the same date.
Key Points
- Company: SADBHAV GADAG HIGHWAY PRIVATE LIMITED
- Debenture Series: SGHPL-10%-RESET RATE-31-10-28
- ISIN: INE04AP07016
- Scrip Code: 976067
- Record Date: October 16, 2025
- Reduced Face Value: Rs. 81,844 per debenture
- Effective Date: October 16, 2025
- Settlement Number: DR-737/2025-2026
Regulatory Changes
No new regulatory changes introduced. This is a corporate action notice following existing BSE procedures for debenture redemption.
Compliance Requirements
- Trading members must note that trading in the debentures will be conducted with the reduced face value effective from October 16, 2025
- Members should update their systems to reflect the new face value for settlement purposes
- Debenture holders as per record date (October 16, 2025) will be eligible for the part redemption
Important Dates
- Notice Date: October 14, 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: Limited to holders of SADBHAV GADAG HIGHWAY PRIVATE LIMITED debentures. The part redemption reduces the outstanding principal amount of the debentures.
Operational Impact: Trading members need to ensure their systems reflect the reduced face value of Rs. 81,844 per debenture from October 16, 2025. This affects pricing, settlement, and position calculations for this specific debt security.
Investor Impact: Debenture holders will receive partial repayment of principal on the redemption date, reducing their exposure to this instrument while continuing to hold debentures with reduced face value.
Impact Justification
Routine corporate action affecting specific debenture holders with face value reduction from existing amount to Rs. 81,844 per debenture