Description
NEOGROWTH CREDIT PRIVATE LIMITED announces part redemption of debentures with reduced face value effective November 7, 2025, with record date of November 8, 2025.
Summary
NEOGROWTH CREDIT PRIVATE LIMITED has announced part redemption of its Non-Convertible Debentures (ISIN: INE814O07519, Code: 975686) along with interest payment. The debentures will trade with a reduced face value of Rs. 33,333.32 per debenture effective November 7, 2025, under settlement DR-751/2025-2026.
Key Points
- ISIN: INE814O07519
- BSE Scrip Code: 975686
- Security: NCPL-12%-23-5-26-PVT Non-Convertible Debentures
- Reduced face value: Rs. 33,333.32 per debenture
- Trading with reduced face value begins November 7, 2025
- Settlement number: DR-751/2025-2026
- Notice category: Corporate Actions - Debt Segment
Regulatory Changes
No regulatory changes. This is a standard corporate action for debt instruments.
Compliance Requirements
- Trading members must note the reduced face value for transactions from the effective date
- All trading in these debentures from November 7, 2025 onwards must reflect the reduced face value of Rs. 33,333.32
Important Dates
- Notice Date: November 6, 2025
- Record Date: November 8, 2025 (for payment of interest and part redemption)
- Effective Date: November 7, 2025 (trading with reduced face value begins)
- Settlement: DR-751/2025-2026
Impact Assessment
Market Impact: Medium - Affects holders of NEOGROWTH CREDIT PRIVATE LIMITED debentures. The part redemption reduces the outstanding principal, and the reduced face value will impact future trading calculations and valuations.
Operational Impact: Trading members and debenture holders need to account for the reduced face value in their systems and calculations from the effective date. Interest payments and the partial redemption will be processed based on the record date of November 8, 2025.
Impact Justification
Routine debt instrument corporate action affecting debenture holders through part redemption and face value adjustment