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 November 12, 2025.

Summary

BSE has notified trading members that NEOGROWTH CREDIT PRIVATE LIMITED has set a record date of November 12, 2025, for payment of interest and part redemption of its non-convertible debentures. Following the part redemption, the debentures will trade with a reduced face value of Rs. 12,500 per debenture effective from November 12, 2025.

Key Points

  • Company: NEOGROWTH CREDIT PRIVATE LIMITED
  • Debenture ISIN: INE814O07493 (Code: 975431)
  • Security: NCPL-11.75%-27-2-26-PVT (11.75% coupon, maturity February 27, 2026)
  • Record Date: November 12, 2025
  • Purpose: Payment of interest and part redemption of debentures
  • New Face Value: Rs. 12,500 per debenture (reduced)
  • Effective Date: November 12, 2025
  • Settlement Number: DR-754/2025-2026

Regulatory Changes

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

Compliance Requirements

  • Trading members must note that trading in the debentures will be conducted with the reduced face value of Rs. 12,500 per debenture from November 12, 2025
  • All trades executed on or after the effective date must reflect the reduced face value
  • Members should update their systems and records accordingly

Important Dates

  • Notice Date: November 3, 2025
  • Record Date: November 12, 2025 (for determining eligibility for interest payment and part redemption)
  • Effective Date of Reduced Face Value: November 12, 2025
  • Settlement: DR-754/2025-2026

Impact Assessment

Market Impact: Low - This is a company-specific corporate action affecting only holders of NEOGROWTH CREDIT PRIVATE LIMITED’s non-convertible debentures. As this is a private limited company’s debt instrument, the market-wide impact is minimal.

Operational Impact: Low - Trading members dealing with these specific debentures need to update their systems to reflect the reduced face value. The change is straightforward and routine for debt market operations.

Investor Impact: Medium for affected debenture holders - Investors holding these debentures will receive partial redemption and should note the reduced face value for future transactions and valuations.

Impact Justification

Routine corporate action affecting private company debentures with limited market-wide impact. Affects only specific debenture holders of NEOGROWTH CREDIT PRIVATE LIMITED.