Description

Revised reduced face value notification for part redemption of Lodha Developers Limited debentures (Scrip Code: 976923) effective November 4, 2025.

Summary

BSE has issued a revised notice regarding the part redemption of debentures issued by Lodha Developers Limited (Scrip Code: 976923, ISIN: INE670K07307). This notice revises the earlier communication dated October 10, 2025, updating the reduced face value following the part redemption with record date of October 15, 2025. The revised reduced face value is Rs. 94,395 per debenture, effective from November 4, 2025.

Key Points

  • Revision to Exchange Notice No. 20251010-6 dated October 10, 2025
  • Debenture: LDL-Reset Rate-21-01-28-PVT (ISIN: INE670K07307, Scrip Code: 976923)
  • Revised reduced face value: Rs. 94,395 per debenture
  • Record date for part redemption: October 15, 2025
  • Effective date for trading with reduced face value: November 4, 2025
  • Reference: DR-749/2025-2026

Regulatory Changes

No new regulatory changes. This is a corporate action notification regarding the revision of face value post part redemption of debentures.

Compliance Requirements

  • Trading members must note the revised reduced face value
  • Trading members must ensure debentures are traded with the reduced face value of Rs. 94,395 per debenture from November 4, 2025 onwards
  • All trading systems and records must be updated to reflect the revised face value

Important Dates

  • October 10, 2025: Original notice issued
  • October 15, 2025: Record date for part redemption
  • November 3, 2025: Revised notice issued
  • November 4, 2025: Effective date for trading with revised reduced face value

Impact Assessment

This revision impacts holders and traders of Lodha Developers Limited debentures. The change in face value from the previously communicated amount to Rs. 94,395 per debenture reflects the actual redemption amount. Trading members must update their systems to reflect the corrected face value to ensure accurate pricing and settlement. The impact is moderate as it affects a specific debt security and requires operational adjustments by trading members dealing in this instrument.

Impact Justification

Revision to previously announced debenture redemption with updated reduced face value; impacts existing debenture holders of Lodha Developers Limited.