Description

NEOGROWTH CREDIT PRIVATE LIMITED has fixed record date for payment of interest and part redemption of non-convertible debentures, with reduced face value effective from November 12, 2025.

Summary

NEOGROWTH CREDIT PRIVATE LIMITED has announced a part redemption of its non-convertible debentures (ISIN: INE814O07493, Code: 975431) with a record date of November 12, 2025. The debentures will trade with a reduced face value of Rs. 12,500 per debenture effective from the same date under settlement number DR-754/2025-2026.

Key Points

  • Company: NEOGROWTH CREDIT PRIVATE LIMITED
  • Security Code: 975431
  • ISIN: INE814O07493
  • Debenture Series: NCPL-11.75%-27-2-26-PVT
  • Record Date: November 12, 2025
  • Purpose: Payment of Interest and Part Redemption of Debentures
  • New Reduced Face Value: Rs. 12,500 per debenture
  • Effective Date: November 12, 2025
  • Settlement Number: DR-754/2025-2026

Regulatory Changes

No regulatory framework changes. This is a standard corporate action for debt securities involving partial redemption of debentures.

Compliance Requirements

  • Trading members must note that trading in these debentures will be conducted with the reduced face value effective from November 12, 2025
  • All trading systems and records must be updated to reflect the new face value from the effective date
  • Debenture holders on the record date of November 12, 2025 will be eligible for interest payment and part redemption

Important Dates

  • Notice Date: November 3, 2025
  • Record Date: November 12, 2025
  • Effective Date for Reduced Face Value: November 12, 2025
  • Settlement: DR-754/2025-2026

Impact Assessment

Market Impact: Medium - Affects holders of specific debenture series (NCPL-11.75%-27-2-26-PVT) of NEOGROWTH CREDIT PRIVATE LIMITED. The part redemption will provide liquidity to debenture holders while reducing the outstanding debt obligation.

Operational Impact: Trading members need to update their systems to reflect the reduced face value from the effective date. The reduction in face value will impact pricing, valuation, and settlement processes for this security.

Investor Impact: Debenture holders on record date will receive part redemption proceeds along with interest payment, reducing their investment exposure in this instrument.

Impact Justification

Part redemption affecting specific debenture holders of NEOGROWTH CREDIT PRIVATE LIMITED with face value reduction from existing amount to Rs. 12,500 per debenture