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). The record date for payment of interest and part redemption has been fixed as November 12, 2025. Trading in these debentures will commence 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

  • Issuer: NEOGROWTH CREDIT PRIVATE LIMITED
  • Security: 11.75% Non-Convertible Debentures maturing on February 27, 2026
  • ISIN: INE814O07493
  • Scrip Code: 975431
  • Record Date: November 12, 2025
  • Reduced Face Value: Rs. 12,500 per debenture
  • Purpose: Part redemption of debentures and interest payment
  • Settlement Number: DR-754/2025-2026

Regulatory Changes

No regulatory framework changes. This is a standard corporate action notification as per existing BSE debt segment regulations.

Compliance Requirements

  • Trading members must note that trading in the debentures will be conducted with the reduced face value effective November 12, 2025
  • All trades from the effective date onwards must reflect the new face value of Rs. 12,500 per debenture
  • Debenture holders on record as of November 12, 2025 will be eligible for interest payment and part redemption proceeds

Important Dates

  • November 3, 2025: Notice issued by BSE
  • November 12, 2025: Record date for interest payment and part redemption; Effective date for trading with reduced face value
  • Settlement DR-754/2025-2026: Settlement cycle for reduced face value trading

Impact Assessment

This corporate action has minimal market-wide impact as it affects only holders of a specific debenture series from a private limited company. The part redemption results in a reduction of outstanding principal, with the face value decreasing to Rs. 12,500 per debenture. Debenture holders will receive partial principal repayment along with accrued interest. Trading members need to update their systems to reflect the reduced face value from the effective date. The debenture continues to trade in the debt segment until its maturity on February 27, 2026.

Impact Justification

Routine corporate action affecting specific debenture holders of a private limited company. Limited market-wide impact as it pertains to a single debt security with reduced face value post-redemption.