Description

Notice regarding part redemption of non-convertible debentures and payment of interest by Adani Transmission Step-Two Limited with record date of December 13, 2025.

Summary

BSE has issued a notice regarding the part redemption of non-convertible debentures issued by Adani Transmission Step-Two Limited. The company has fixed December 13, 2025 as the record date for payment of interest and part redemption. Trading in these debentures will commence with reduced face value from December 12, 2025.

Key Points

  • Company: Adani Transmission Step-Two Limited
  • Security: ATSTL-7.70%-31-12-26-PVT (ISIN: INE0YRB07076, Code: 977232)
  • Record Date: December 13, 2025
  • Purpose: Part redemption of debentures and payment of interest
  • Reduced Face Value: Rs. 99,862.64 per debenture
  • Effective Date for Reduced Face Value: December 12, 2025
  • Settlement Number: DR-776/2025-2026

Regulatory Changes

No regulatory changes. This is a standard corporate action notice.

Compliance Requirements

  • Trading members must note that trading in the debentures will be conducted with reduced face value effective from December 12, 2025
  • Trading members should ensure proper systems updates to reflect the new face value in trading operations

Important Dates

  • December 10, 2025: Notice date
  • December 12, 2025: Effective date for trading with reduced face value (Settlement DR-776/2025-2026)
  • December 13, 2025: Record date for part redemption and interest payment

Impact Assessment

This corporate action has medium impact limited to holders of the specific debenture series (ATSTL-7.70%-31-12-26-PVT). The part redemption will reduce the outstanding principal amount to Rs. 99,862.64 per debenture. Trading members need to ensure their systems reflect the reduced face value from the effective date. This is a routine debt servicing action and does not indicate any financial distress or broader market implications.

Impact Justification

Part redemption of debentures affects debt security holders and trading operations but is a routine corporate action with limited broader market impact.