Description
Partial redemption of Pass Through Certificates (PTCs) of TRINITY TRUST SEP 2025, with reduced face value to Rs. 8692.25 per PTC effective November 20, 2025.
Summary
BSE has announced the partial redemption of Pass Through Certificates (PTCs) issued by TRINITY TRUST SEP 2025 (ISIN: INE2JU715017, Scrip Code: 977166). Following the partial redemption, the reduced face value per PTC will be Rs. 8692.25. Trading Members must note that these PTCs will trade at the reduced face value from November 20, 2025 onwards.
Key Points
- Security: TRINITY TRUST Sep 2025 PTCs (TTS25-11.75%-21-9-27-PTC)
- ISIN: INE2JU715017
- Scrip Code: 977166
- Action: Part Redemption of PTCs
- Reduced Face Value: Rs. 8692.25 per PTC
- Effective Date: November 20, 2025
- Reference: DR-760/2025-2026
Regulatory Changes
No regulatory changes introduced. This is a corporate action notification regarding partial redemption of debt securities.
Compliance Requirements
- Trading Members must take note of the reduced face value
- PTCs will be traded with the reduced face value of Rs. 8692.25 per PTC from November 20, 2025
- All trading systems and records should be updated to reflect the new face value
Important Dates
- Notice Date: November 19, 2025
- Effective Date for Trading: November 20, 2025
Impact Assessment
Market Impact: Medium - Affects trading and valuation of specific PTCs
Investor Impact: PTC holders will see their principal partially redeemed with corresponding reduction in face value to Rs. 8692.25 per certificate
Operational Impact: Trading Members need to update their systems to reflect the new face value for accurate pricing and settlement of these PTCs from November 20, 2025 onwards
Impact Justification
Affects holders of specific PTCs with face value reduction due to partial redemption. Medium impact as it only concerns a specific debt instrument.