Description

NEOGROWTH CREDIT PRIVATE LIMITED has fixed record date for part redemption of debentures and interest payment, with reduced face value effective from November 7, 2025.

Summary

NEOGROWTH CREDIT PRIVATE LIMITED has set the record date as November 8, 2025 for part redemption of its non-convertible debentures (ISIN: INE814O07519, Code: 975686) and payment of interest. Trading members are notified that trading in these debentures will commence with a reduced face value of Rs. 33,333.32 per debenture effective from November 7, 2025 under settlement number DR-751/2025-2026.

Key Points

  • Record date fixed: November 8, 2025
  • Purpose: Part redemption of debentures and interest payment
  • Reduced face value: Rs. 33,333.32 per debenture
  • Effective date for reduced face value: November 7, 2025
  • Settlement number: DR-751/2025-2026
  • ISIN: INE814O07519
  • Scrip code: 975686
  • Instrument: Non-Convertible Debentures (12% - 23-5-26)

Regulatory Changes

No regulatory changes introduced. This is a standard corporate action notification for part redemption of debentures.

Compliance Requirements

  • Trading members must note the reduced face value effective from November 7, 2025
  • All trading in the debentures must reflect the new reduced face value of Rs. 33,333.32 per debenture from the effective date
  • Trading members should inform their clients holding these debentures about the part redemption and interest payment

Important Dates

  • November 6, 2025: Circular issued
  • November 7, 2025: Effective date for trading with reduced face value (Settlement DR-751/2025-2026)
  • November 8, 2025: Record date for part redemption and interest payment

Impact Assessment

This corporate action has a medium impact limited to holders of NEOGROWTH CREDIT PRIVATE LIMITED debentures. The part redemption will return capital to debenture holders while reducing the outstanding face value of each debenture. Trading members dealing in debt securities need to update their systems to reflect the new face value from the effective date. The action is procedural and follows standard corporate debt management practices with no broader market implications.

Impact Justification

Routine corporate action affecting debenture holders of a private company with specific record date and reduced face value implementation