Description
Grand Hills Developments Pvt Ltd reduces debenture face value to Rs. 96,563 per debenture effective November 27, 2025 following part redemption.
Summary
Grand Hills Developments Pvt Ltd has completed a part redemption of its debentures (ISIN: INE0DWX08015, Scrip Code: 977285). Following this redemption, the reduced face value of the debentures is Rs. 96,563 per debenture. The debentures will trade at this new reduced face value from November 27, 2025.
Key Points
- Issuer: Grand Hills Developments Pvt Ltd
- Debenture Series: GHDPL-RESET RATE-31-10-29-PVT
- ISIN: INE0DWX08015
- Scrip Code: 977285
- Corporate Action: Part Redemption of Debentures
- New Reduced Face Value: Rs. 96,563 per debenture
- Trading with reduced face value starts: November 27, 2025
- Notice Reference: DR-765/2025-2026
Regulatory Changes
No regulatory changes. This is a standard corporate action notification for part redemption of debt securities.
Compliance Requirements
- Trading members must note the revised face value of Rs. 96,563 per debenture
- All trading in these debentures from November 27, 2025 onwards must reflect the reduced face value
- Trading members should update their systems to reflect the new face value
Important Dates
- Notice Date: November 26, 2025
- Effective Date for Trading with Reduced Face Value: November 27, 2025
Impact Assessment
This is a routine corporate action with minimal market impact. The part redemption reduces the outstanding principal amount of the debenture issue. Impact is limited to existing debenture holders of Grand Hills Developments Pvt Ltd who will receive partial repayment. Trading members need to adjust their systems to reflect the new face value for accurate pricing and settlement. No broader market implications are anticipated.
Impact Justification
Routine part redemption affecting single privately placed debenture issue with reduced face value. Limited market impact as it affects specific debt holders only.