Description

Sylvanus Properties Limited has fixed record date for part redemption of non-convertible debentures, with trading to commence at reduced face value of Rs. 50,000 per debenture effective November 25, 2025.

Summary

Sylvanus Properties Limited has announced a part redemption of its non-convertible debentures (ISIN: INE826M07038, Scrip Code: 976314). The record date has been set for November 25, 2025, and trading in these debentures will commence with a reduced face value of Rs. 50,000 per debenture from the same date under settlement number DR-763/2025-2026.

Key Points

  • Company: Sylvanus Properties Limited
  • Security Type: Non-Convertible Debentures (13.50% coupon, maturity 3-1-28)
  • ISIN: INE826M07038
  • Scrip Code: 976314
  • Corporate Action: Part Redemption of Debentures
  • Reduced Face Value: Rs. 50,000 per debenture
  • Trading members are required to note the change in face value for trading purposes

Regulatory Changes

No regulatory changes are introduced by this circular. This is a standard corporate action notification.

Compliance Requirements

  • Trading members must ensure that trading in the debentures reflects the reduced face value of Rs. 50,000 per debenture from the effective date
  • Trading members should update their systems to reflect the part redemption and adjusted face value
  • All trades executed from November 25, 2025 onwards must be at the reduced face value

Important Dates

  • Record Date: November 25, 2025
  • Effective Date for Reduced Face Value: November 25, 2025
  • Settlement Number: DR-763/2025-2026
  • Circular Issue Date: November 20, 2025

Impact Assessment

This circular has minimal market-wide impact as it pertains to a specific privately placed debt security of Sylvanus Properties Limited. The part redemption will reduce the outstanding face value of these debentures, which is a routine corporate action. Impact is limited to:

  • Debenture holders of Sylvanus Properties Limited who will receive partial redemption proceeds
  • Trading members dealing in this specific security who must adjust their systems for the reduced face value
  • No broader market implications or systemic impact expected

Impact Justification

Routine corporate action affecting a single privately placed debt security with limited market impact, relevant only to specific debenture holders.