Description

Revised reduced face value of Rs. 94,395 per debenture for part redemption of Lodha Developers Ltd debentures (Scrip Code: 976923) effective November 4, 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 previously announced redemption details from October 10, 2025, with an updated reduced face value of Rs. 94,395 per debenture. The revised face value will be effective from November 4, 2025.

Key Points

  • Revision to Exchange Notice No. 20251010-6 dated October 10, 2025
  • Record date for part redemption remains October 15, 2025
  • Debenture: LDL-Reset Rate-21-01-28-PVT (INE670K07307)
  • Scrip Code: 976923
  • Revised reduced face value: Rs. 94,395 per debenture
  • Trading members advised to note the revised face value
  • Reference: DR-749/2025-2026

Regulatory Changes

No regulatory changes. This is a revision to corporate action details previously communicated.

Compliance Requirements

  • Trading members must take note of the revised reduced face value
  • Debentures will be traded with the revised face value of Rs. 94,395 per debenture
  • Trading members are required to update their systems accordingly

Important Dates

  • Record Date: October 15, 2025 (previously announced)
  • Effective Date for Trading with Revised Face Value: November 4, 2025
  • Notice Date: November 3, 2025

Impact Assessment

Market Impact: Medium - This revision affects debenture holders and trading members dealing with Lodha Developers Limited debt securities. The change in reduced face value from the originally announced amount may impact valuation and trading strategies.

Operational Impact: Trading members must update their records and systems to reflect the actual revised reduced face value of Rs. 94,395 per debenture before trading commences on November 4, 2025. Debenture holders should be aware of the corrected post-redemption face value for their holdings.

Impact Justification

Revision to previously announced debenture redemption affects debt security holders; material change to face value from original notice requires attention from trading members and debenture holders