Description

Notice regarding part redemption of non-convertible debentures with record date November 22, 2025, and reduced face value of Rs. 14,285.74 per debenture effective November 21, 2025.

Summary

BSE has notified trading members about the part redemption of non-convertible debentures issued by NEOGROWTH CREDIT PRIVATE LIMITED. The company has fixed November 22, 2025 as the record date for this corporate action. Trading in the debentures will commence with a reduced face value of Rs. 14,285.74 per debenture from November 21, 2025.

Key Points

  • Notice Number: 20251118-54
  • Issuer: NEOGROWTH CREDIT PRIVATE LIMITED
  • ISIN: INE814O07527
  • Security Code: 975722
  • Debenture Series: NCPL-11.75%-7-3-26-PVT
  • Action Type: Part Redemption of Non-convertible Debentures
  • Reduced Face Value: Rs. 14,285.74 per debenture
  • Trading with reduced face value commences from November 21, 2025
  • Settlement Number: DR-761/2025-2026

Regulatory Changes

No regulatory framework changes. This is a standard corporate action notice for part redemption of debentures as per existing debt market regulations.

Compliance Requirements

  • Trading members must note the face value reduction in the debentures
  • All trading in these debentures must reflect the reduced face value from the effective date
  • Members should update their systems to reflect the new face value of Rs. 14,285.74 per debenture
  • Ensure proper settlement procedures are followed under settlement number DR-761/2025-2026

Important Dates

  • Notice Date: November 18, 2025
  • Effective Date for Reduced Face Value: November 21, 2025
  • Record Date: November 22, 2025
  • Settlement Number: DR-761/2025-2026

Impact Assessment

Investor Impact: Debenture holders of record on November 22, 2025 will receive partial redemption proceeds. The face value reduction from the original value to Rs. 14,285.74 indicates a partial repayment of principal.

Trading Impact: Trading members must update their systems to reflect the reduced face value effective November 21, 2025, one day before the record date. This ensures proper price discovery and settlement for the debentures post-redemption.

Market Operations: Standard corporate action with no disruption expected. The one-day gap between effective date and record date allows for system adjustments by market participants.

Impact Justification

Part redemption of debentures affects debt security holders with specific face value reduction, impacting trading members and investors holding these instruments