Description

FRIEZA 06 2025 PTCs will undergo part redemption with face value reduced from Rs. 1.00 to Rs. 0.68 per debenture effective December 1, 2025.

Summary

BSE has notified trading members that FRIEZA 06 2025 Pass Through Certificates (PTCs) will undergo part redemption along with interest payment. The face value of the PTCs will be reduced from the original value to Rs. 0.68 per debenture, effective December 1, 2025.

Key Points

  • Company: FRIEZA 06 2025
  • ISIN: INE26SJ15017
  • BSE Code: 976876
  • Security Type: Pass Through Certificates (PTCs) with 9.90% coupon maturing December 17, 2026
  • Record Date: December 1, 2025
  • Purpose: Part redemption of PTCs and payment of interest
  • Reduced Face Value: Rs. 0.68 per debenture
  • Trading with reduced face value starts: December 1, 2025 (Settlement No. DR-767/2025-2026)

Regulatory Changes

No regulatory changes announced. This is a standard corporate action notification.

Compliance Requirements

  • Trading members must note that trading in FRIEZA 06 2025 PTCs will be conducted with 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 trading and settlement purposes
  • Record date holders will be entitled to receive interest payment and part redemption proceeds

Important Dates

  • Record Date: December 1, 2025 - Eligibility date for interest payment and part redemption
  • Effective Date: December 1, 2025 - Trading commences with reduced face value
  • Settlement Number: DR-767/2025-2026

Impact Assessment

Investor Impact: Holders of FRIEZA 06 2025 PTCs as of the record date will receive interest payment and partial return of principal. Post-redemption, the face value per certificate reduces to Rs. 0.68.

Market Impact: Limited market impact as this affects a specific debt instrument. Trading members need to ensure systems are updated to reflect the reduced face value for accurate pricing and settlement.

Operational Impact: Standard corporate action processing required by trading members and custodians to handle the part redemption and adjust holdings to reflect new face value.

Impact Justification

Routine corporate action affecting specific debt instrument holders with part redemption and interest payment