Description

NEOGROWTH CREDIT PRIVATE LIMITED has fixed record date of November 22, 2025 for part redemption of non-convertible debentures with reduced face value of Rs. 14,285.74 per debenture effective November 21, 2025.

Summary

NEOGROWTH CREDIT PRIVATE LIMITED has announced part redemption of its non-convertible debentures (ISIN: INE814O07527, Code: 975722) with a record date of November 22, 2025. Trading in these debentures will be conducted with a reduced face value of Rs. 14,285.74 per debenture effective from November 21, 2025 (Settlement No. DR-761/2025-2026).

Key Points

  • ISIN: INE814O07527
  • BSE Code: 975722
  • Debenture Series: NCPL-11.75%-7-3-26-PVT
  • Reduced Face Value: Rs. 14,285.74 per debenture
  • Record Date: November 22, 2025
  • Effective Date: November 21, 2025
  • Settlement Number: DR-761/2025-2026
  • Security Type: Non-convertible Debentures

Regulatory Changes

No regulatory changes announced. This is a standard corporate action for part redemption of debt securities.

Compliance Requirements

  • Trading members must note that trading in the debentures will be conducted with reduced face value effective from November 21, 2025
  • All trading and settlement activities must reflect the new reduced face value of Rs. 14,285.74 per debenture from the effective date
  • Trading members should update their systems to reflect the changed face value for proper settlement

Important Dates

  • November 18, 2025: Circular issued
  • November 21, 2025: Effective date for trading with reduced face value (Settlement DR-761/2025-2026)
  • November 22, 2025: Record date for part redemption

Impact Assessment

Impact on Debenture Holders: Holders of NEOGROWTH debentures will receive partial redemption proceeds, with the remaining investment represented by the reduced face value of Rs. 14,285.74 per debenture.

Impact on Trading: Trading members must ensure their systems are updated to reflect the reduced face value from November 21, 2025 to ensure accurate pricing, settlement, and position tracking.

Market Operations: The part redemption will reduce the outstanding debt obligation of NEOGROWTH CREDIT PRIVATE LIMITED while allowing continued trading of the debentures at the reduced face value until maturity on March 7, 2026 (as indicated by the series designation).

Impact Justification

Part redemption of debentures affects debt security holders of NEOGROWTH CREDIT PRIVATE LIMITED with specific impact on face value, relevant for debenture holders and trading members dealing with this security.