Description

Western Transmission (Gujarat) Limited announces part redemption of non-convertible debentures with record date December 12, 2025, reducing face value to Rs. 437,074.12 per debenture.

Summary

Western Transmission (Gujarat) Limited has announced part redemption of its Non-Convertible Debentures along with payment of interest. The record date for this corporate action is December 12, 2025. Trading in the company’s debentures will be conducted with reduced face value effective from the same date. The debentures (ISIN: INE829X07013, Code: 958017) will have a reduced face value of Rs. 437,074.12 per debenture.

Key Points

  • Company: Western Transmission (Gujarat) Limited
  • ISIN: INE829X07013
  • BSE Code: 958017
  • Debenture Series: WTGL-8.71MCLR-31-3-34-PVT
  • Record Date: December 12, 2025
  • Purpose: Part redemption of debentures and payment of interest
  • Reduced Face Value: Rs. 437,074.12 per debenture
  • Effective Date: December 12, 2025
  • Settlement Number: DR-776/2025-2026

Regulatory Changes

No regulatory changes announced. This is a corporate action notice regarding debt security redemption.

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 as per the record date (December 12, 2025) will be eligible for interest payment and part redemption
  • Trading members should update their systems to reflect the new reduced face value of Rs. 437,074.12 per debenture

Important Dates

  • December 9, 2025: Circular issued
  • December 12, 2025: Record date for interest payment and part redemption
  • December 12, 2025: Effective date for trading with reduced face value (Settlement DR-776/2025-2026)

Impact Assessment

This circular has limited market-wide impact as it pertains to a specific corporate action by a single issuer affecting its debenture holders. The part redemption will reduce the outstanding principal amount of the debentures, and trading will continue with the reduced face value. Debenture holders on record will receive both interest payment and partial principal repayment. This is a routine debt management activity and does not indicate any broader market implications or regulatory changes.

Impact Justification

Routine corporate action affecting specific debenture holders of a single company; limited market-wide impact.