Description

NEOGROWTH CREDIT PRIVATE LIMITED announces part redemption of debentures with reduced face value effective November 7, 2025, with record date November 8, 2025.

Summary

NEOGROWTH CREDIT PRIVATE LIMITED has announced part redemption of its Non-Convertible Debentures along with interest payment. The debentures will trade with reduced face value of Rs. 33,333.32 per debenture effective November 7, 2025, with the record date set as November 8, 2025.

Key Points

  • Company: NEOGROWTH CREDIT PRIVATE LIMITED
  • ISIN: INE814O07519
  • BSE Code: 975686 (NCPL-12%-23-5-26-PVT)
  • Record Date: November 8, 2025
  • Effective Date: November 7, 2025
  • Settlement Number: DR-751/2025-2026
  • Reduced Face Value: Rs. 33,333.32 per debenture
  • Purpose: Part redemption of debentures and payment of interest

Regulatory Changes

No regulatory framework changes. This is a standard corporate action for debt securities.

Compliance Requirements

  • Trading members must note that debentures will trade with reduced face value from November 7, 2025
  • Debenture holders on record as of November 8, 2025 will be eligible for interest payment and part redemption
  • All trades executed from the effective date onwards will reflect the reduced face value

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 interest payment and part redemption eligibility

Impact Assessment

Market Impact: Medium - affects holders of specific NEOGROWTH CREDIT PRIVATE LIMITED debenture series (NCPL-12%-23-5-26-PVT).

Investor Impact: Debenture holders will receive partial repayment of principal along with interest payment. The significant reduction in face value indicates substantial part redemption, improving liquidity for investors while reducing their exposure to the issuer.

Trading Impact: Trading members must update systems to reflect the new reduced face value of Rs. 33,333.32 per debenture for all transactions from November 7, 2025 onwards to ensure accurate settlement.

Impact Justification

Part redemption affects specific debenture holders of NEOGROWTH CREDIT PRIVATE LIMITED with material change in face value from original to Rs. 33,333.32 per debenture