Description

IOT UTKAL ENERGY SERVICES LIMITED has fixed record date for payment of interest and part redemption of non-convertible debentures with reduced face values effective November 13, 2025.

Summary

IOT UTKAL ENERGY SERVICES LIMITED has announced part redemption of its non-convertible debentures along with interest payment. The record date is fixed as November 13, 2025, and trading in the affected debentures will be with reduced face values effective from the same date. Three debenture series are impacted with varying reduced face values.

Key Points

  • Three debenture series of IOT UTKAL ENERGY SERVICES LIMITED undergoing part redemption
  • 1063IOT28B (INE310L07993) - Reduced face value: Rs. 57,627.12 per debenture
  • 1008IOT26B (INE310L07878) - Reduced face value: Rs. 25,000 per debenture
  • IOT-9.02%-20-10-28-PVT (INE310L07AE1) - Reduced face value: Rs. 21,196 per debenture
  • Purpose includes both part redemption and interest payment
  • Trading with reduced face value commences from effective date

Regulatory Changes

No new regulatory changes introduced. This is a standard corporate action notification for debenture redemption.

Compliance Requirements

  • Trading members must note that debentures will trade with reduced face values from November 13, 2025
  • Settlement number: DR-755/2025-2026 applies to all three debenture series
  • Members should adjust trading systems to reflect new face values

Important Dates

  • Notice Date: November 4, 2025
  • Record Date: November 13, 2025
  • Effective Date of Reduced Face Value: November 13, 2025
  • Settlement Number: DR-755/2025-2026

Impact Assessment

This corporate action has moderate impact on debenture holders of IOT UTKAL ENERGY SERVICES LIMITED. Investors holding these debentures will receive partial redemption proceeds plus interest payments. The reduced face values will affect future interest calculations and final redemption amounts. Trading members must update their systems to reflect the new face values to ensure accurate pricing and settlement. The action is company-specific and does not affect broader market operations.

Impact Justification

Affects debenture holders of IOT UTKAL ENERGY SERVICES LIMITED with part redemption reducing face values across three debenture series; routine corporate action with specific investor impact