Description
IOT UTKAL ENERGY SERVICES LIMITED has announced part redemption of non-convertible debentures and interest payment with record date of December 12, 2025, affecting three debenture series with reduced face values.
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 effective from the same date in settlement DR-776/2025-2026.
Key Points
- Part redemption affects three debenture series: 1063IOT28C, 1008IOT26C, and IOT-9.02%-20-10-28-PVT
- Record date for redemption and interest payment: December 12, 2025
- Trading with reduced face values effective from December 12, 2025
- Settlement number: DR-776/2025-2026
- Debenture 1063IOT28C (ISIN: INE310L07AA9) face value reduced to Rs. 57,627.12 per debenture
- Debenture 1008IOT26C (ISIN: INE310L07886) face value reduced to Rs. 25,000 per debenture
- Debenture IOT-9.02%-20-10-28-PVT (ISIN: INE310L07AE1) face value reduced to Rs. 20,438 per debenture
Regulatory Changes
No regulatory changes introduced. This is a corporate action notification as per standard procedures.
Compliance Requirements
- Trading members must note the reduced face values effective December 12, 2025
- All trading in the affected debentures must reflect the new reduced face values from the effective date
- Trading members should update their systems to reflect the reduced face values for accurate transaction processing
Important Dates
- Notice 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
Debenture Holders Impact: Debenture holders will receive partial redemption proceeds along with interest payment. The remaining investment will continue with reduced face values.
Market Impact: Limited market impact as this is a standard corporate action affecting only the specific debenture holders of IOT UTKAL ENERGY SERVICES LIMITED. Trading will continue with adjusted face values.
Operational Impact: Trading members need to update their systems to reflect the new face values to ensure accurate pricing and settlement from December 12, 2025 onwards.
Impact Justification
Routine corporate action affecting debenture holders of IOT UTKAL ENERGY SERVICES LIMITED with part redemption and interest payment, resulting in reduced face values across three debenture series.