Description

UGRO Capital Limited has fixed Record Date of December 10, 2025 for part redemption of debentures and interest payment, with reduced face value effective from the same date.

Summary

UGRO Capital Limited has announced part redemption of its 10.25% Non-Convertible Debentures maturing on June 25, 2027. The company has fixed December 10, 2025 as the Record Date for payment of interest and part redemption. Trading in these debentures will commence with reduced face value from December 10, 2025.

Key Points

  • Company: UGRO Capital Limited
  • Security: UCL-10.25%-25-6-27-PVT (ISIN: INE583D07471, Code: 975771)
  • Record Date: December 10, 2025
  • Purpose: Part Redemption of Debentures and Payment of Interest
  • Original Face Value: Rs. 100,000 per debenture (implied)
  • Reduced Face Value: Rs. 49,999.99 per debenture
  • Redemption Amount: Rs. 50,000.01 per debenture (approximately 50% redemption)
  • Effective Date: December 10, 2025
  • Settlement Number: DR-774/2025-2026

Regulatory Changes

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

Compliance Requirements

  • Trading members must note that trading in the debentures will be conducted with reduced face value of Rs. 49,999.99 per debenture effective from December 10, 2025
  • Members should update their systems to reflect the new face value for settlement purposes
  • Debenture holders on record as of December 10, 2025 will be eligible for interest payment and part redemption

Important Dates

  • Record Date: December 10, 2025
  • Effective Date for Reduced Face Value Trading: December 10, 2025
  • Settlement Number: DR-774/2025-2026

Impact Assessment

Market Impact: Medium - This part redemption represents approximately 50% of the face value, returning capital to debenture holders while reducing the outstanding debt obligation. Liquidity in these debentures may be affected as the face value is halved.

Investor Impact: Debenture holders will receive partial redemption of approximately Rs. 50,000.01 per debenture along with accrued interest. The remaining investment will continue with reduced face value until final maturity in June 2027.

Operational Impact: Trading members need to update their systems to reflect the new face value for accurate pricing and settlement of trades executed on or after December 10, 2025.

Impact Justification

Routine corporate action affecting debenture holders with part redemption reducing face value from Rs. 100,000 to Rs. 49,999.99 per debenture