Description

APSBCL bonds (INE0M2307040) to undergo part redemption with reduced face value to Rs. 500,000 per bond effective November 13, 2025.

Summary

Andhra Pradesh State Beverages Corporation Limited (APSBCL) has announced part redemption of its 9.62% bonds maturing on May 29, 2026 (ISIN: INE0M2307040, Scrip Code: 973986). The record date is set for November 13, 2025, for payment of interest and part redemption. Post-redemption, the bonds will trade with a reduced face value of Rs. 500,000 per bond effective from November 13, 2025.

Key Points

  • Bond ISIN: INE0M2307040 (Scrip Code: 973986)
  • Coupon Rate: 9.62%
  • Maturity Date: May 29, 2026
  • Record Date: November 13, 2025
  • Reduced Face Value: Rs. 500,000 per bond
  • Settlement Number: DR-755/2025-2026
  • Purpose: Part redemption of bonds and payment of interest

Regulatory Changes

No regulatory framework changes. This is a standard corporate action notification for part redemption of privately placed bonds.

Compliance Requirements

  • Trading members must note that bonds will trade with reduced face value from November 13, 2025
  • All trading systems must be updated to reflect the new face value of Rs. 500,000 per bond
  • Bondholders on record as of November 13, 2025 will be eligible for interest payment and part redemption proceeds

Important Dates

  • November 4, 2025: Circular issued
  • November 13, 2025: Record date for interest payment and part redemption
  • November 13, 2025: Effective date for trading with reduced face value (Settlement DR-755/2025-2026)

Impact Assessment

Market Impact: Medium - This part redemption affects a specific privately placed bond series. Bondholders will receive partial principal repayment along with interest, reducing their exposure to APSBCL bonds. The reduced face value will affect trading lot sizes and position calculations.

Operational Impact: Trading members and bondholders need to update their records to reflect the new face value. The partial redemption provides liquidity to bondholders while maintaining the bond’s listing status with reduced outstanding amount. Investors should verify the exact redemption amount and adjust their portfolios accordingly.

Impact Justification

Part redemption affects bondholders of APSBCL with reduced face value, requiring awareness for trading adjustments but limited to single debt security