Description

UGRO CAPITAL LIMITED announces part redemption of non-convertible debentures with reduced face value effective November 12, 2025.

Summary

UGRO CAPITAL LIMITED has announced a part redemption of its Non-Convertible Debentures (NCD) along with interest payment. The record date has been fixed as November 12, 2025, and trading in the debentures will commence with a reduced face value of Rs. 125 per debenture from the same date. The debentures (ISIN: INE583D07448, Scrip Code: 939286) are the 10.35% series maturing on February 27, 2026.

Key Points

  • Part redemption of Non-Convertible Debentures of UGRO CAPITAL LIMITED
  • Record date fixed as November 12, 2025 for interest payment and part redemption
  • Reduced face value will be Rs. 125 per debenture
  • Trading with reduced face value effective from November 12, 2025
  • Debenture series: UCL-10.35%-27-2-26-NCD
  • ISIN: INE583D07448
  • Scrip Code: 939286
  • Settlement number: DR-754/2025-2026

Regulatory Changes

No regulatory changes introduced. This is a corporate action notice regarding debt securities.

Compliance Requirements

  • Trading members must note that trading in the debentures will be conducted with the reduced face value effective November 12, 2025
  • All transactions on or after the effective date must reflect the new face value of Rs. 125 per debenture
  • Members must ensure proper settlement under DR-754/2025-2026

Important Dates

  • Notice Date: November 4, 2025 (Notice No. 20251104-19 issued November 3, 2025)
  • Record Date: November 12, 2025
  • Effective Date of Reduced Face Value: November 12, 2025
  • Settlement Number: DR-754/2025-2026
  • Debenture Maturity Date: February 27, 2026

Impact Assessment

Market Impact: Medium - Affects holders of UGRO CAPITAL LIMITED’s 10.35% NCDs. The part redemption reduces the outstanding principal amount, with the face value being reduced to Rs. 125 per debenture.

Investor Impact: Medium - Debenture holders will receive partial redemption of their investment along with accrued interest. Post-redemption, the remaining investment will have a reduced face value, affecting future interest calculations and final redemption amounts.

Operational Impact: Low - Standard corporate action processing for debt securities. Trading members need to update their systems to reflect the new face value for all transactions on or after November 12, 2025.

Impact Justification

Routine corporate action affecting debenture holders with face value reduction from original amount to Rs. 125 per debenture