Description
Revised reduction in face value of Lodha Developers debentures following part redemption, effective December 02, 2025.
Summary
BSE has issued a revised notice regarding the part redemption of debentures of Lodha Developers Limited (Scrip Code: 976923, ISIN: INE670K07307). This notice supersedes the earlier communication dated November 11, 2025, and provides the actual revised reduced face value following the part redemption with record date November 14, 2025.
Key Points
- Debenture scrip code: 976923 (LDL-Reset Rate-21-01-28-PVT)
- ISIN: INE670K07307
- Revised reduced face value: Rs. 92,769/- per debenture
- This is a revision to the earlier notice dated November 11, 2025
- Record date for part redemption was November 14, 2025
Regulatory Changes
No regulatory framework changes. This is a corporate action notification regarding revised face value post-redemption.
Compliance Requirements
- Trading members must note the revised reduced face value
- Debentures will trade at the new reduced face value of Rs. 92,769/- per debenture from December 02, 2025
- Trading members are required to take note of this revision
Important Dates
- November 14, 2025: Record date for part redemption (as per earlier notice)
- December 01, 2025: Notice date
- December 02, 2025: Effective date for trading at revised reduced face value
Impact Assessment
Market Impact: Medium - Affects debenture holders and traders of Lodha Developers debt securities. The revised face value will impact the trading price and valuation of these debentures.
Operational Impact: Trading members must update their systems to reflect the new reduced face value of Rs. 92,769/- per debenture for accurate pricing and settlement from December 02, 2025.
Reference: DR-768/2025-2026
Impact Justification
Revised face value adjustment for debenture holders of Lodha Developers following part redemption, affecting debt instrument valuation.