Description

APCRDA bonds will undergo part redemption with face value reduced to Rs. 150,000 per bond effective October 31, 2025, along with interest payment.

Summary

Andhra Pradesh Capital Region Development Authority (APCRDA) has announced part redemption of its bonds along with interest payment. The bonds (ISIN: INE01E708032, Scrip Code: 958178) will trade with a reduced face value of Rs. 150,000 per bond effective October 31, 2025. The record date for determining eligible bondholders for interest payment and part redemption has been set as October 31, 2025.

Key Points

  • Part redemption of APCRDA 10.32% bonds maturing on August 16, 2026
  • Face value reduced to Rs. 150,000 per bond
  • Combined event: Interest payment and part redemption
  • Trading with reduced face value commences from October 31, 2025
  • Settlement number: DR-747/2025-2026
  • ISIN: INE01E708032, BSE Scrip Code: 958178

Regulatory Changes

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

Compliance Requirements

  • Trading members must ensure all trades from October 31, 2025 reflect the reduced face value of Rs. 150,000 per bond
  • Systems should be updated to reflect the new face value effective from the specified date
  • Bondholders on record as of October 31, 2025 will be eligible for interest payment and part redemption

Important Dates

  • Record Date: October 31, 2025 - Eligibility for interest payment and part redemption
  • Effective Date: October 31, 2025 - Trading commences with reduced face value
  • Settlement Number: DR-747/2025-2026
  • Circular Date: October 27, 2025

Impact Assessment

Bondholders: Holders of APCRDA bonds will receive part redemption proceeds along with interest payment, reducing their outstanding investment amount. The reduced face value means future interest calculations will be on the lower principal amount.

Market Impact: Limited impact expected as this is a standard part redemption of government authority bonds. Trading liquidity may be affected due to reduced face value.

Trading Members: Must update their systems to reflect the new face value for accurate trade processing and settlement from October 31, 2025 onwards.

Impact Justification

Part redemption of government authority bonds affects bondholders through face value reduction and interest payment, with moderate impact on debt market participants