Description

KOHIMA-MARIANI TRANSMISSION LIMITED has fixed Record Date for Part Redemption of Debentures and Payment of Interest with reduced face value effective December 15, 2025.

Summary

KOHIMA-MARIANI TRANSMISSION LIMITED has announced part redemption of its Non-Convertible Debentures (ISIN: INE483Z08012, Code: 975831) with a Record Date of December 15, 2025. Following the redemption, the debentures will trade with a reduced face value of Rs. 95,650 per debenture effective from December 15, 2025 (Settlement No. DR-777/2025-2026). The company will also make interest payments to eligible debenture holders.

Key Points

  • Part redemption of Non-Convertible Debentures (KMTL-30-6-27-PVT)
  • ISIN: INE483Z08012, BSE Code: 975831
  • Record Date: December 15, 2025
  • New reduced face value: Rs. 95,650 per debenture
  • Effective date for reduced face value trading: December 15, 2025
  • Settlement number: DR-777/2025-2026
  • Debenture holders will receive interest payment on record date

Regulatory Changes

No regulatory changes. This is a standard corporate action for part redemption of debt securities.

Compliance Requirements

  • Trading Members must ensure debentures trade with reduced face value from December 15, 2025
  • Trading Members should update their systems to reflect the new face value of Rs. 95,650 per debenture
  • Debenture holders must hold securities as on Record Date (December 15, 2025) to be eligible for interest payment and part redemption

Important Dates

  • December 10, 2025: Notice Date
  • December 15, 2025: Record Date for interest payment and part redemption
  • December 15, 2025: Effective date for trading with reduced face value (Settlement DR-777/2025-2026)

Impact Assessment

Debenture Holders: Holders as on Record Date will receive partial redemption proceeds and interest payment. Post-redemption, their holdings will have reduced face value.

Trading Impact: From December 15, 2025, the debentures will trade at the reduced face value of Rs. 95,650, which trading members and investors must account for in valuation and settlement.

Market Operations: Limited impact confined to holders of this specific debenture series (KMTL-30-6-27-PVT). Trading members need to update systems for the new face value.

Impact Justification

Part redemption of debentures affects debt security holders through reduced face value and interest payment. Limited to specific debenture holders of KOHIMA-MARIANI TRANSMISSION LIMITED.