Description

Revised notification for part redemption of AAHL debentures (Scrip Code 976065) with updated reduced face value of Rs. 75,491 per debenture, effective December 8, 2025.

Summary

BSE has issued a revised notice regarding the part redemption of debentures issued by Adani Airport Holdings Limited (AAHL). This notice updates the previous communication dated November 18, 2025 (Notice No. 20251118-50) with the actual reduced face value for the debentures bearing Scrip Code 976065 (ISIN: INE0GCN07047). The debentures (AAHL-9.35%-8-9-28-PVT) will trade at the revised reduced face value of Rs. 75,491 per debenture effective from December 8, 2025.

Key Points

  • Revised notification supersedes earlier communication dated November 18, 2025
  • Debenture: AAHL-9.35%-8-9-28-PVT (Private placement)
  • ISIN: INE0GCN07047
  • Scrip Code: 976065
  • Actual reduced face value: Rs. 75,491 per debenture
  • Corporate action type: Part redemption of debentures
  • Reference number: DR-772/2025-2026

Regulatory Changes

No new regulatory changes introduced. This is a corporate action notification regarding part redemption of debt securities as per existing debt market regulations.

Compliance Requirements

  • Trading members must note the revised reduced face value for the specified debentures
  • All trading in these debentures must reflect the updated face value of Rs. 75,491 per debenture from the effective date
  • Trading members are required to update their systems and records accordingly
  • Debenture holders should be informed of the part redemption and revised face value

Important Dates

  • December 5, 2025: Revised notice issued by BSE
  • December 8, 2025: Effective date for trading with reduced face value
  • November 18, 2025: Date of original notice (Notice No. 20251118-50) regarding record date fixation

Impact Assessment

Impact on Debenture Holders: Debenture holders of AAHL’s 9.35% debentures maturing on September 8, 2028, will receive partial redemption, reducing the outstanding face value to Rs. 75,491 per debenture. This represents a return of capital to investors.

Trading Impact: Medium impact on debt market participants holding or trading these specific debentures. The reduced face value will affect pricing, yield calculations, and portfolio valuations for institutional investors and trading members dealing in these securities.

Market Segment: Limited to the debt market segment, specifically affecting holders of this particular AAHL debenture series. No impact on equity markets or broader market operations.

Operational Considerations: Trading members must ensure their systems are updated to reflect the new face value to prevent trading errors or settlement issues from December 8, 2025 onwards.

Impact Justification

Revised face value notification for institutional debt instrument affecting specific debenture holders; material information for debt investors but limited broader market impact