Description

Revised reduced face value notification for part redemption of LODHA DEVELOPERS LIMITED debentures (Scrip Code: 976923) effective November 04, 2025.

Summary

BSE has issued a revised notice regarding the part redemption of debentures of LODHA DEVELOPERS LIMITED (Scrip Code: 976923, ISIN: INE670K07307). This notice revises the earlier communication dated October 10, 2025, which had set the record date as October 15, 2025. The company has now informed the actual revised reduced face value to Rs. 94,395/- per debenture, effective from November 04, 2025.

Key Points

  • Company Name: LODHA DEVELOPERS LIMITED
  • Scrip Code: 976923
  • ISIN: INE670K07307
  • Security: LDL-Reset Rate-21-01-28-PVT
  • Revised Reduced Face Value: Rs. 94,395/- per Debenture
  • Effective Trading Date: November 04, 2025
  • Reference Number: DR-749/2025-2026
  • This is a revision to earlier notice dated October 10, 2025 (Notice No. 20251010-6)

Regulatory Changes

No regulatory framework changes. This is a corporate action notification regarding revised terms of a previously announced part redemption.

Compliance Requirements

  • Trading Members must note the revised reduced face value for the debentures
  • Trading Members must ensure that the debentures trade with the revised face value of Rs. 94,395/- per debenture from November 04, 2025 onwards
  • Trading Members should update their systems and records accordingly

Important Dates

  • Record Date: October 15, 2025 (as per earlier notice dated October 10, 2025)
  • Effective Date for Trading with Reduced Face Value: November 04, 2025
  • Notice Date: November 03, 2025

Impact Assessment

Market Impact: Medium - This revision affects debenture holders and trading members dealing with LODHA DEVELOPERS LIMITED debt securities. The reduced face value post-redemption will impact the trading price and valuation of these debentures.

Operational Impact: Trading members need to update their systems to reflect the new face value of Rs. 94,395/- per debenture from November 04, 2025. This is a continuation/revision of a previously announced corporate action, so members should already have processes in place but need to update the specific face value amount.

Investor Impact: Debenture holders will receive part redemption, reducing the face value from the original amount to Rs. 94,395/- per debenture. This affects the outstanding principal amount and future interest calculations for holders of these securities.

Impact Justification

Revision to previously announced redemption terms affects debenture holders and trading members who need to update records with new face value