Description
VR DAKSHIN PRIVATE LIMITED has fixed record date for part redemption of bonds and payment of interest with reduced face value effective November 28, 2025.
Summary
VR DAKSHIN PRIVATE LIMITED has announced part redemption of three series of bonds with a record date of November 28, 2025. The bonds will trade with reduced face value of Rs. 95,000 per bond effective from November 28, 2025 in settlement DR-766/2025-2026. This corporate action includes both part redemption and payment of interest.
Key Points
- Three bond series affected: VRDPL-TBILL+SPREAD-31-3-35-PVT (INE084S07049), VDPL-10.70%-31-3-35-PVT (INE084S07031), and VDPL-MIBOR+SPREAD-31-3-35-PVT (INE084S07056)
- All three bonds will have reduced face value of Rs. 95,000 per bond
- Record date fixed as November 28, 2025
- Effective date for reduced face value trading: November 28, 2025
- Settlement number: DR-766/2025-2026
- Purpose: Part redemption of bonds and payment of interest
Regulatory Changes
No regulatory changes. This is a standard corporate action notice.
Compliance Requirements
Trading members of the exchange are required to:
- Note that trading in the bonds will be with reduced face value effective from November 28, 2025
- Process transactions accordingly in settlement DR-766/2025-2026
Important Dates
- Record Date: November 28, 2025
- Effective Date for Reduced Face Value: November 28, 2025
- Settlement Number: DR-766/2025-2026
- Notice Date: November 19, 2025
Impact Assessment
This is a routine corporate action with limited market impact as it affects only holders of specific private bonds issued by VR DAKSHIN PRIVATE LIMITED. The part redemption reduces the face value from original value to Rs. 95,000 per bond. Impact is confined to bondholders of these three specific debt instruments with no broader implications for equity markets or other market participants.
Impact Justification
Routine corporate action affecting only specific private bond holders with no broad market impact