Description

Notice regarding part redemption of Pass Through Certificates (PTCs) of FRIEZA 06 2025 with reduced face value effective December 1, 2025.

Summary

BSE has issued a notice regarding the part redemption of Pass Through Certificates (PTCs) issued by FRIEZA 06 2025. The company has fixed a record date for payment of interest and part redemption, and trading in these PTCs will commence with reduced face value from December 1, 2025.

Key Points

  • ISIN: INE26SJ15017 (Code: 976876)
  • Record Date: December 1, 2025
  • Purpose: Part redemption of PTCs and payment of interest
  • Reduced Face Value: Rs. 0.68 per debenture (previously higher)
  • Effective Date: December 1, 2025
  • Settlement Number: DR-767/2025-2026
  • Trading members must note the reduced face value for trading purposes

Regulatory Changes

No regulatory framework changes. This is a standard corporate action pursuant to the terms of the PTC issuance.

Compliance Requirements

  • Trading members must ensure that trading in FRIEZA 06 2025 PTCs reflects the reduced face value of Rs. 0.68 per debenture from December 1, 2025
  • Members should update their systems to reflect the new face value for settlement DR-767/2025-2026
  • Holders on record as of December 1, 2025 will be eligible for interest payment and part redemption

Important Dates

  • Record Date: December 1, 2025 - Eligibility for interest payment and part redemption
  • Effective Date: December 1, 2025 - Trading commences with reduced face value of Rs. 0.68
  • Notice Date: November 24, 2025

Impact Assessment

This part redemption reduces the face value of FRIEZA 06 2025 PTCs to Rs. 0.68 per certificate. Holders as of the record date will receive interest payment and partial principal repayment. The reduced face value will affect the trading price and future interest calculations. Trading members must adjust their systems accordingly to prevent settlement issues. This is a routine debt servicing event with moderate impact limited to holders of this specific PTC series.

Impact Justification

Standard debt instrument part redemption with reduced face value. Impacts holders of FRIEZA PTCs with specific record and effective dates for payment and trading adjustments.