Description

BSE announces part redemption of four series of non-convertible debentures issued by Kolte-Patil Developers Ltd with record date of November 28, 2025 and reduced face values effective from the same date.

Summary

BSE has notified trading members that Kolte-Patil Developers Ltd has fixed the record date for part redemption of four series of non-convertible debentures. Trading in these debentures will commence with reduced face values effective November 28, 2025 (Settlement No. DR-766/2025-2026).

Key Points

  • Four series of debentures of Kolte-Patil Developers Ltd will undergo part redemption
  • Record date for part redemption: November 28, 2025
  • Trading with reduced face values will be effective from November 28, 2025
  • Settlement number: DR-766/2025-2026
  • All four debentures are privately placed non-convertible debentures

Debenture Details

KPDL-ZC-17-4-33-PVT (INE094I07049)

  • Security Code: 974771
  • Reduced Face Value: Rs. 65,345 per debenture

KPDL-21-12-33-PVT (INE094I07064)

  • Security Code: 975276
  • Reduced Face Value: Rs. 63,705 per debenture

KPDL-ZC-20-9-34-PVT (INE094I07072)

  • Security Code: 976030
  • Reduced Face Value: Rs. 68,438 per debenture

KPDL-15-10-35-PVT (INE094I07080)

  • Security Code: 977231
  • Reduced Face Value: Rs. 99,580 per debenture

Compliance Requirements

  • Trading members must note the reduced face values effective from November 28, 2025
  • All trading in these debentures from the effective date onwards will be at the reduced face values
  • Members should update their systems to reflect the new face values

Important Dates

  • Notice Date: November 26, 2025
  • Record Date: November 28, 2025
  • Effective Date for Reduced Face Value: November 28, 2025
  • Settlement Number: DR-766/2025-2026

Impact Assessment

This part redemption affects holders of four series of privately placed debentures of Kolte-Patil Developers Ltd. The reduction in face values reflects the partial return of principal to debenture holders. Trading members need to ensure their systems are updated to reflect the new face values from the effective date. This is a routine corporate action in the debt segment with limited broader market impact.

Impact Justification

Routine part redemption affecting four debenture series of Kolte-Patil Developers. Medium impact on debenture holders due to face value reduction. Not a market-wide event but important for debt investors.