Description
Adani Airport Holdings Limited announces part redemption of bonds with reduced face value effective November 25, 2025. Record date set for interest payment and partial redemption.
Summary
Adani Airport Holdings Limited has announced part redemption of its bonds (ISIN: INE0GCN07047, Code: 976065) with a coupon rate of 9.35% maturing on September 8, 2028. The record date is set for November 25, 2025, for both interest payment and partial redemption. Post-redemption, the bonds will trade with a reduced face value of Rs. 76,971 per bond, effective from November 25, 2025 in settlement DR-763/2025-2026.
Key Points
- Bond details: AAHL 9.35% bonds maturing on September 8, 2028
- ISIN: INE0GCN07047, BSE Code: 976065
- Record date: November 25, 2025
- Purpose: Part redemption of bonds and payment of interest
- Reduced face value: Rs. 76,971 per bond (post-redemption)
- Effective date: November 25, 2025
- Settlement number: DR-763/2025-2026
- Trading members must note the reduced face value for trading purposes
Regulatory Changes
No regulatory changes announced. This is a corporate action notice informing about bond redemption.
Compliance Requirements
- Trading members must ensure bonds trade with reduced face value of Rs. 76,971 per bond from November 25, 2025
- Bondholders must be on record as of November 25, 2025 to be eligible for interest payment and part redemption
- Trading systems must reflect the updated face value in settlement DR-763/2025-2026
Important Dates
- November 18, 2025: Notice date
- November 25, 2025: Record date for interest payment and part redemption
- November 25, 2025: Effective date for trading with reduced face value (Settlement DR-763/2025-2026)
Impact Assessment
Bondholders: Positive impact as bondholders receive partial principal repayment along with interest payment. The reduced face value of Rs. 76,971 indicates a partial redemption amount has been paid out.
Market Operations: Trading members must update systems to reflect the new face value for accurate trading and settlement. The bonds will continue trading but at the reduced face value.
Liquidity: Part redemption reduces outstanding debt and may affect bond liquidity and trading volumes going forward.
Adani Airport Holdings: Demonstrates debt management capability and adherence to bond covenants by executing scheduled partial redemption.
Impact Justification
Part redemption affects bondholders with specific face value reduction. Medium impact as it concerns debt securities of a major infrastructure company with defined financial obligations.