Description

VR DAKSHIN PRIVATE LIMITED has fixed record date for part redemption and interest payment on three series of debentures, with reduced face value effective October 29, 2025.

Summary

VR DAKSHIN PRIVATE LIMITED has announced part redemption of three series of non-convertible debentures along with interest payment. The record date has been fixed as October 29, 2025, and trading in these debentures will commence with reduced face value from the same date.

Key Points

  • Three series of debentures affected: TBILL+SPREAD series (INE084S07049), 10.70% fixed rate series (INE084S07031), and MIBOR+SPREAD series (INE084S07056)
  • All three debentures will have reduced face value of Rs. 95,250 per debenture after part redemption
  • Trading with reduced face value begins on October 29, 2025 in settlement DR-745/2025-2026
  • Purpose includes both part redemption of principal and payment of interest
  • All debentures have maturity date of March 31, 2035

Regulatory Changes

No regulatory changes introduced. This is a routine corporate action notification for part redemption of debt securities.

Compliance Requirements

  • Trading members must note the reduced face value effective from October 29, 2025
  • All trading in the affected debentures from the effective date must reflect the new face value of Rs. 95,250 per debenture
  • Trading members should ensure proper settlement under DR-745/2025-2026

Important Dates

  • Record Date: October 29, 2025
  • Effective Date for Reduced Face Value: October 29, 2025
  • Settlement Number: DR-745/2025-2026
  • Notice Date: October 24, 2025

Impact Assessment

This is a routine part redemption affecting only holders of VR DAKSHIN PRIVATE LIMITED’s privately placed debentures. The impact is limited to debt investors in these three specific ISIN series. No impact on equity markets or broader trading operations. The reduced face value will be automatically reflected in trading systems from the effective date.

Impact Justification

Routine part redemption of privately placed debentures affecting a limited set of debt investors with no broader market impact