Description

ANDHRA PRADESH CAPITAL REGION DEVELOPMENT AUTHORITY has fixed record date for payment of interest and part redemption of bonds with reduced face value effective October 31, 2025.

Summary

ANDHRA PRADESH CAPITAL REGION DEVELOPMENT AUTHORITY (APCRDA) has announced part redemption of its bonds along with interest payment. The record date has been set as October 31, 2025, and trading in these bonds will commence with reduced face value effective from the same date.

Key Points

  • Bond ISIN: INE01E708032 (Scrip Code: 958178)
  • Bond Series: APCRDA-10.32%-16-8-26-PVT
  • Record Date: October 31, 2025
  • Purpose: Part Redemption of Bonds and Payment of Interest
  • New Face Value: Rs. 1,50,000 per bond
  • Effective Date: October 31, 2025
  • Settlement Number: DR-747/2025-2026

Regulatory Changes

No regulatory framework changes. This is a standard corporate action for debt securities involving partial redemption as per bond terms.

Compliance Requirements

  • Trading members must note that trading in APCRDA bonds will be conducted with the reduced face value of Rs. 1,50,000 per bond from October 31, 2025
  • All bond transactions post the effective date must reflect the new face value
  • Members should update their systems to reflect the change in face value for accurate settlement

Important Dates

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

Impact Assessment

This part redemption will return capital to bondholders while reducing the outstanding face value of the bonds. Bondholders on record as of October 31, 2025 will receive:

  1. Interest payment as per the 10.32% coupon rate
  2. Partial redemption proceeds

The reduced face value from the original amount to Rs. 1,50,000 per bond will affect the liquidity and trading dynamics of these securities. Trading members and bondholders must account for the reduced face value in their portfolios and trading activities from the effective date.

Impact Justification

Part redemption of bonds affects bondholders of APCRDA with reduced face value from Rs. 1,00,000 to Rs. 1,50,000 per bond, impacting debt market participants holding these securities.