Description
RAJGARH TRANSMISSION LIMITED has fixed December 12, 2025 as the record date for payment of interest and part redemption of non-convertible debentures, with reduced face value of Rs. 97,423.31 per debenture effective from the same date.
Summary
BSE has notified that RAJGARH TRANSMISSION LIMITED has set December 12, 2025 as the record date for part redemption of its non-convertible debentures (ISIN: INE0N1Z08013, Scrip Code: 976760) and interest payment. Following the part redemption, the debentures will trade at a reduced face value of Rs. 97,423.31 per debenture effective from December 12, 2025 under settlement number DR-776/2025-2026.
Key Points
- Company: RAJGARH TRANSMISSION LIMITED
- Security Type: Non-Convertible Debentures (7.03% coupon, maturity June 5, 2030)
- ISIN: INE0N1Z08013
- BSE Scrip Code: 976760
- Record Date: December 12, 2025
- Purpose: Part redemption of debentures and payment of interest
- New Face Value: Rs. 97,423.31 per debenture (post-redemption)
- Effective Date: December 12, 2025
- Settlement Number: DR-776/2025-2026
Regulatory Changes
No regulatory changes. This is a standard corporate action notification for debt securities.
Compliance Requirements
- Trading members must note that debentures will trade with reduced face value from December 12, 2025
- Investors holding debentures as of the record date (December 12, 2025) will be eligible for interest payment and part redemption proceeds
- Trading systems should be updated to reflect the new reduced face value
Important Dates
- Record Date: December 12, 2025 - Eligibility date for interest payment and part redemption
- Effective Date of Reduced Face Value: December 12, 2025 (Settlement DR-776/2025-2026)
Impact Assessment
Debenture Holders: Investors holding these debentures will receive partial principal repayment along with interest payment. The face value reduction reflects the part redemption, reducing outstanding principal from the original face value to Rs. 97,423.31 per debenture.
Trading Impact: From December 12, 2025, the debentures will trade at the reduced face value. Trading systems and pricing mechanisms need to account for this change to ensure accurate valuation and settlement.
Liquidity: The part redemption returns capital to investors while maintaining the debenture listing with reduced outstanding principal until the final maturity date of June 5, 2030.
Credit Profile: No direct impact on credit rating or quality, as this is a scheduled redemption event as per the original terms of issuance.
Impact Justification
Routine corporate action affecting debenture holders of RAJGARH TRANSMISSION LIMITED with specific impact on debt security trading and valuation