Description

KOLTE-PATIL DEVELOPERS LTD has fixed 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 record date fixed as October 31, 2025. Trading in these debentures will commence with reduced face values effective from October 31, 2025 (Settlement No. DR-747/2025-2026). Three debenture series are affected with different reduced face values.

Key Points

  • Part redemption of three series of non-convertible debentures of KOLTE-PATIL DEVELOPERS LTD
  • Record date: October 31, 2025
  • Trading with reduced face value effective from October 31, 2025
  • 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
  • Settlement number: DR-747/2025-2026

Regulatory Changes

No regulatory changes. This is a corporate action notice regarding part redemption of debentures.

Compliance Requirements

  • Trading members must note that trading in the specified debentures will be with reduced face values from the effective date
  • Debenture holders as per record date of October 31, 2025 will be eligible for the part redemption
  • Trading members should update their systems to reflect the reduced face values

Important Dates

  • Notice Date: October 29, 2025
  • Record Date: October 31, 2025
  • Effective Date of Reduced Face Value: October 31, 2025
  • Settlement Number: DR-747/2025-2026

Impact Assessment

Debenture Holders: Positive impact as debenture holders will receive partial redemption payment while continuing to hold debentures with reduced face values.

Trading Impact: Trading members need to adjust their systems to reflect the new reduced face values for all three debenture series from October 31, 2025.

Liquidity: The part redemption provides liquidity to debenture holders while maintaining their investment position in the remaining face value.

Market Segment: Impact confined to debt segment. No impact on equity trading or other segments.

Impact Justification

Part redemption of debentures affects specific debt security holders of KOLTE-PATIL DEVELOPERS LTD. Impact limited to debt segment and specific debenture holders. Material changes to face values of three debenture series.