Description

IOT UTKAL ENERGY SERVICES LIMITED has fixed Record Date of December 12, 2025 for payment of interest and part redemption of non-convertible debentures with reduced face values effective from the same date.

Summary

IOT UTKAL ENERGY SERVICES LIMITED has announced part redemption of three series of non-convertible debentures along with interest payment. The record date is set as December 12, 2025, and trading in these debentures will commence with reduced face values from the same date under settlement number DR-776/2025-2026.

Key Points

  • Three debenture series affected: 1063IOT28C, 1008IOT26C, and IOT-9.02%-20-10-28-PVT
  • Record date for interest payment and part redemption: December 12, 2025
  • Trading with reduced face value effective from December 12, 2025
  • Settlement number: DR-776/2025-2026
  • Face values will be reduced to Rs. 57,627.12, Rs. 25,000, and Rs. 20,438 respectively

Debenture Details

1063IOT28C (ISIN: INE310L07AA9, Scrip Code: 950203)

  • Reduced Face Value: Rs. 57,627.12 per debenture
  • Purpose: Part redemption and interest payment

1008IOT26C (ISIN: INE310L07886, Scrip Code: 950212)

  • Reduced Face Value: Rs. 25,000 per debenture
  • Purpose: Part redemption and interest payment

IOT-9.02%-20-10-28-PVT (ISIN: INE310L07AE1, Scrip Code: 952676)

  • Reduced Face Value: Rs. 20,438 per debenture
  • Purpose: Part redemption and interest payment

Compliance Requirements

  • Trading members must note the reduced face values effective from December 12, 2025
  • All trades from the effective date onwards will reflect the new reduced face values
  • Members should update their systems to reflect the post-redemption face values

Important Dates

  • Circular Date: December 5, 2025
  • Record Date: December 12, 2025
  • Effective Date for Reduced Face Value: December 12, 2025
  • Settlement Number: DR-776/2025-2026

Impact Assessment

Investor Impact: Debenture holders as on record date will receive part redemption proceeds and accrued interest. Post-redemption, the face value of holdings will be reduced, affecting the principal amount outstanding.

Trading Impact: From December 12, 2025, all market trades in these three debenture series will be executed at the reduced face values. Trading members and investors must adjust their valuation and position tracking accordingly.

Liquidity Impact: Medium - affects three specific debenture series of IOT UTKAL ENERGY SERVICES LIMITED in the debt segment.

Impact Justification

Part redemption affecting multiple debenture series with significant face value reductions; impacts debt investors holding these specific securities