Description

KOLTE-PATIL DEVELOPERS LTD has fixed the record date of October 31, 2025 for part redemption of three series of non-convertible debentures with reduced face values effective from the same date.

Summary

KOLTE-PATIL DEVELOPERS LTD has announced part redemption of three series of non-convertible debentures with a record date of October 31, 2025. Trading in these debentures will commence with reduced face values effective from October 31, 2025 in settlement DR-747/2025-2026. The three affected debenture series have different reduced face values ranging from Rs. 67,380 to Rs. 72,171 per debenture.

Key Points

  • Part redemption affects three series of non-convertible debentures issued by KOLTE-PATIL DEVELOPERS LTD
  • Record date fixed as October 31, 2025 for all three series
  • KPDL-ZC-17-4-33-PVT (INE094I07049) reduced face value: Rs. 68,657 per debenture
  • KPDL-21-12-33-PVT (INE094I07064) reduced face value: Rs. 67,380 per debenture
  • KPDL-ZC-20-9-34-PVT (INE094I07072) reduced face value: Rs. 72,171 per debenture
  • Effective date for reduced face value trading: October 31, 2025
  • Settlement number: DR-747/2025-2026

Regulatory Changes

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

Compliance Requirements

  • Trading members must note that trading in the affected debentures will be conducted with reduced face values from the effective date
  • Trading members should update their systems to reflect the new face values for the three debenture series
  • Debenture holders as of the record date (October 31, 2025) will be eligible for the part redemption

Important Dates

  • Record Date: October 31, 2025 - Eligibility date for part redemption
  • Effective Date: October 31, 2025 - Trading commences with reduced face values
  • Settlement: DR-747/2025-2026
  • Notice Date: October 29, 2025

Impact Assessment

For Debenture Holders: Holders of these debentures as of the record date will receive partial redemption amounts, reducing their outstanding principal investment. The face values will be reduced to the specified amounts, affecting future interest calculations and final redemption values.

For Trading Members: Members must update their trading systems to reflect the new reduced face values effective October 31, 2025 to ensure accurate pricing and settlement.

Market Impact: Limited impact as this affects only specific privately placed debenture series of KOLTE-PATIL DEVELOPERS LTD. The part redemption is a scheduled corporate action and should not cause market disruption.

Impact Justification

Part redemption affects debenture holders and reduces face values of three debt securities series. Impact limited to specific debt instruments and their holders.