Description

Notification of reduced face values for six series of Pass Through Certificates (PTCs) of India Universal Trust AL1 & AL2 following partial redemption, effective December 4, 2025.

Summary

Catalyst Trusteeship Limited has informed BSE of the reduced face values for six series of Pass Through Certificates (PTCs) issued by India Universal Trust AL1 and AL2 following partial redemption. The new reduced face values will be effective from December 4, 2025. Trading members are advised that these PTCs will trade at the revised face values from the effective date.

Key Points

  • Six PTC series of India Universal Trust AL1 & AL2 have undergone partial redemption
  • New reduced face values range from Rs. 3,021,862.57 to Rs. 9,510,477.40 per PTC
  • Changes communicated by Catalyst Trusteeship Limited
  • Trading members must update their systems with new face values
  • Reference number: DR-770/2025-2026

Regulatory Changes

No regulatory framework changes. This is a corporate action notification for partial redemption of debt securities.

Compliance Requirements

  • Trading members must note the revised face values for all six PTC series
  • Systems and records must be updated to reflect the new face values effective December 4, 2025
  • All trading in these PTCs must use the reduced face values from the effective date

Important Dates

  • Notice Date: December 3, 2025
  • Effective Date: December 4, 2025 - PTCs will trade with reduced face values

Impact Assessment

Securities Affected:

  1. INDIA UNIVERSAL TRUST AL1 - Series A1 (ISIN: INE16J715019, Scrip: 976050)

    • New Face Value: Rs. 3,021,862.57 per PTC

  2. INDIA UNIVERSAL TRUST AL1 - Series A2 (ISIN: INE16J715027, Scrip: 976051)

    • New Face Value: Rs. 8,303,924.93 per PTC

  3. INDIA UNIVERSAL TRUST AL1 - Series A3 (ISIN: INE16J715035, Scrip: 976052)

    • New Face Value: Rs. 9,189,484.70 per PTC

  4. INDIA UNIVERSAL TRUST AL2 - Series A1 (ISIN: INE1CBK15011, Scrip: 976206)

    • New Face Value: Rs. 4,047,105.78 per PTC

  5. INDIA UNIVERSAL TRUST AL2 - Series A2 (ISIN: INE1CBK15029, Scrip: 976207)

    • New Face Value: Rs. 7,608,212.14 per PTC

  6. INDIA UNIVERSAL TRUST AL2 - Series A3 (ISIN: INE1CBK15037, Scrip: 976208)

    • New Face Value: Rs. 9,510,477.40 per PTC

Market Impact: The partial redemption reduces the outstanding principal on these PTCs. Holders have received partial repayment, and the remaining securities will trade at lower face values. This is a routine corporate action for structured debt instruments and reflects scheduled or early repayment of principal amounts.

Impact Justification

Affects six debt securities with significant face value changes following partial redemption. Important for PTC holders and traders but limited to specific debt instruments.