Description

FRIEZA 06 2025 announces part redemption of PTCs and interest payment with record date November 1, 2025, reducing face value to Rs. 0.7476 per PTC effective October 31, 2025.

Summary

BSE announces that FRIEZA 06 2025 (ISIN: INE26SJ15017, Code: 976876) has fixed November 1, 2025 as the record date for part redemption of Pass Through Certificates (PTCs) and payment of interest. Trading in these PTCs will be conducted with a reduced face value of Rs. 0.7476 per PTC effective from October 31, 2025 (Settlement No. DR-747/2025-2026).

Key Points

  • Company: FRIEZA 06 2025
  • Security Type: Pass Through Certificates (PTCs) with 9.90% coupon maturing December 17, 2026
  • ISIN: INE26SJ15017
  • BSE Code: 976876
  • Record Date: November 1, 2025
  • Purpose: Part redemption of PTCs and payment of interest
  • New Face Value: Rs. 0.7476 per PTC
  • Effective Date: October 31, 2025
  • Settlement Number: DR-747/2025-2026
  • Trading Members are informed to note the face value reduction

Regulatory Changes

No regulatory changes. This is a standard corporate action notification for debt securities.

Compliance Requirements

  • Trading Members must ensure that trading in FRIEZA 06 2025 PTCs reflects the reduced face value of Rs. 0.7476 per PTC from the effective date
  • All transactions from October 31, 2025 onwards must be conducted with the new reduced face value
  • Trading Members should update their systems and inform clients about the face value reduction

Important Dates

  • October 27, 2025: Notice date
  • October 31, 2025: Effective date for trading with reduced face value (Settlement DR-747/2025-2026)
  • November 1, 2025: Record date for part redemption and interest payment

Impact Assessment

Market Impact: Medium - This corporate action affects holders of FRIEZA 06 2025 PTCs in the debt segment. The face value reduction from the original value to Rs. 0.7476 per PTC indicates partial redemption.

Investor Impact: Medium - PTC holders on record date will receive interest payment and partial redemption proceeds. Post-redemption, investors will hold securities with lower face value.

Operational Impact: Trading members need to update systems to reflect the new face value for accurate pricing and settlement from the effective date.

Impact Justification

Corporate action affecting specific debt security holders with face value reduction and interest payment.