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

NEOGROWTH CREDIT PRIVATE LIMITED has announced part redemption of its non-convertible debentures (ISIN: INE814O07493, Scrip 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.

Key Points

  • Company: NEOGROWTH CREDIT PRIVATE LIMITED
  • Security: Non-Convertible Debentures (NCPL-11.75%-27-2-26-PVT)
  • ISIN: INE814O07493
  • Scrip Code: 975431
  • Record Date: November 12, 2025
  • Purpose: Payment of Interest and Part Redemption of Debentures
  • New 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.

Compliance Requirements

  • Trading members must note that trading in these debentures will be conducted with the reduced face value of Rs. 12,500 per debenture from November 12, 2025
  • Investors holding debentures as of the record date (November 12, 2025) will be eligible for interest payment and part redemption

Important Dates

  • 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

Impact on Debenture Holders: Medium impact - existing holders will receive partial redemption and future trading will occur at reduced face value of Rs. 12,500 versus original higher face value.

Market Impact: Limited to holders of this specific debt instrument. The part redemption returns capital to investors while maintaining a portion of the investment with reduced principal amount.

Operational Impact: Trading members need to update their systems to reflect the reduced face value for accurate pricing and settlement from the effective date.

Impact Justification

Part redemption of debentures affects specific debt security holders with reduced face value from Rs. 1,00,000 to Rs. 12,500 per debenture, requiring attention from investors holding ISIN INE814O07493