Description

Notice regarding part redemption of non-convertible debentures and interest payment with record date December 12, 2025, resulting in reduced face value to Rs. 96,982 per debenture.

Summary

LAKADIA BANASKANTHA TRANSCO LIMITED has announced part redemption of its 7.70% non-convertible debentures maturing on March 31, 2043. The company has fixed December 12, 2025 as the record date for payment of interest and part redemption. Trading in these debentures will be conducted with a reduced face value effective from the record date.

Key Points

  • Company: LAKADIA BANASKANTHA TRANSCO LIMITED
  • Debenture Series: LBTL-7.70%-31-3-43-PVT
  • ISIN: INE0C5208014
  • BSE Code: 976884
  • Record Date: December 12, 2025
  • Purpose: Part redemption of debentures and payment of interest
  • Reduced Face Value: Rs. 96,982 per debenture
  • Effective Date: December 12, 2025
  • Settlement Number: DR-776/2025-2026

Regulatory Changes

No regulatory changes introduced. This is a standard corporate action notice for debt securities.

Compliance Requirements

  • Trading members must note that trading in the debentures will be conducted with reduced face value effective from December 12, 2025
  • Debenture holders on record as of December 12, 2025 will be eligible for interest payment and part redemption
  • All trading and settlement activities must reflect the new reduced face value from the effective date

Important Dates

  • Notice Date: December 9, 2025
  • Record Date: December 12, 2025
  • Effective Date for Reduced Face Value Trading: December 12, 2025
  • Settlement Number: DR-776/2025-2026

Impact Assessment

This part redemption affects holders of LAKADIA BANASKANTHA TRANSCO LIMITED’s 7.70% non-convertible debentures. The reduction in face value to Rs. 96,982 per debenture indicates a partial return of principal to debenture holders along with interest payment. Trading members need to update their systems to reflect the new face value for accurate pricing and settlement. The impact is limited to holders of this specific debt security and does not have broader market implications.

Impact Justification

Part redemption of debentures affects debt security holders with specific record date and reduced face value, standard corporate action with limited broader market impact