Description

KOLTE-PATIL DEVELOPERS LTD announces part redemption of four series of non-convertible debentures with record date on November 17, 2025, with reduced face values effective from the same date.

Summary

KOLTE-PATIL DEVELOPERS LTD has announced part redemption of four series of Non-Convertible Debentures (NCDs) with record date set as November 17, 2025. Trading in these debentures will commence with reduced face values from the effective date. This corporate action affects four debenture series with ISINs INE094I07049, INE094I07064, INE094I07072, and INE094I07080.

Key Points

  • Four debenture series undergoing part redemption
  • Record date: November 17, 2025
  • Effective date for reduced face value: November 17, 2025
  • Settlement number: DR-757/2025-2026
  • Trading members notified to update debenture face values in systems

Debenture Details

KPDL-ZC-17-4-33-PVT (INE094I07049, Code: 974771)

  • Reduced Face Value: Rs. 66,041 per Debenture

KPDL-21-12-33-PVT (INE094I07064, Code: 975276)

  • Reduced Face Value: Rs. 66,602 per Debenture

KPDL-ZC-20-9-34-PVT (INE094I07072, Code: 976030)

  • Reduced Face Value: Rs. 69,370 per Debenture

KPDL-15-10-35-PVT (INE094I07080, Code: 977231)

  • Reduced Face Value: Rs. 99,735 per Debenture

Compliance Requirements

  • Trading members must update their systems to reflect the reduced face values for all four debenture series
  • All trading in these debentures from November 17, 2025 onwards must be conducted at the reduced face values
  • Settlement to be processed under DR-757/2025-2026

Important Dates

  • Record Date: November 17, 2025
  • Effective Date: November 17, 2025
  • Notice Date: November 13, 2025

Impact Assessment

For Debenture Holders: Partial return of principal through part redemption, with continuing holdings at reduced face values. The redemption provides liquidity while maintaining exposure to the remaining debenture value.

For Trading Members: System updates required to reflect new face values for accurate trading and settlement processing.

Market Impact: Limited to debt segment participants holding or trading KOLTE-PATIL DEVELOPERS LTD debentures. This is a scheduled corporate action with no broader market implications.

Impact Justification

Routine corporate action affecting four debenture series with specific impact on debenture holders and debt segment trading