Description

Part redemption of Non-Convertible Debentures of Adani Transmission Step-Two Limited with record date December 13, 2025, effective from December 12, 2025.

Summary

Adani Transmission Step-Two Limited has announced part redemption of its Non-Convertible Debentures (ISIN: INE0YRB07076) along with interest payment. The record date is set as December 13, 2025, and trading in these debentures will commence with reduced face value effective December 12, 2025.

Key Points

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

Regulatory Changes

No regulatory changes. This is a corporate action notice in compliance with existing debt instrument redemption regulations.

Compliance Requirements

  • Trading members must note that trading in the debentures will be conducted with the reduced face value of Rs. 99,862.64 per debenture from December 12, 2025 onwards
  • Members should update their systems to reflect the revised face value post-redemption
  • All transactions executed on or after December 12, 2025 will be at the reduced face value

Important Dates

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

Impact Assessment

This part redemption represents a minor reduction in face value (approximately 0.14% reduction from Rs. 100,000 to Rs. 99,862.64), indicating a small scheduled principal repayment to debenture holders. The impact is limited to holders of this specific debenture series. Trading members and investors holding these debentures should note the reduced face value for all transactions from December 12, 2025. The debenture continues to trade with maturity date of December 31, 2026.

Impact Justification

Routine corporate action involving part redemption of debentures affecting debt instrument holders with reduced face value from Rs. 100,000 to Rs. 99,862.64