Description

Notification of part redemption and interest payment for two series of non-convertible debentures issued by Suryapet Khammam Road Private Limited with reduced face values effective December 15, 2025.

Summary

BSE has notified that Suryapet Khammam Road Private Limited will execute part redemption of two series of non-convertible debentures along with interest payment. The record date is set for December 15, 2025, and trading in these debentures will commence with reduced face values from the same date.

Key Points

  • Two series of debentures affected: SKRPL-8.08%-RESET RATE-30-6-35 (ISIN: INE08BR07029) and SKRPL-8.28%-RESET RATE-30-6-31 (ISIN: INE08BR07011)
  • Record date fixed for both part redemption and interest payment: December 15, 2025
  • Trading with reduced face values effective from December 15, 2025 (Settlement DR-777/2025-2026)
  • First debenture series reduced to Rs. 94,930 per debenture
  • Second debenture series reduced to Rs. 71,940 per debenture

Regulatory Changes

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

Compliance Requirements

  • Trading members must ensure trades executed from December 15, 2025 onwards reflect the reduced face values
  • Debenture holders as of record date (December 15, 2025) are eligible for part redemption proceeds and interest payment
  • Members must update their systems to reflect new face values for accurate transaction processing

Important Dates

  • Record Date: December 15, 2025
  • Effective Date for Reduced Face Value: December 15, 2025
  • Settlement Number: DR-777/2025-2026
  • Notice Date: December 11, 2025

Impact Assessment

Market Impact: Limited to holders of the specified debenture series. The part redemption will return capital to debenture holders while reducing outstanding debt.

Operational Impact: Trading members need to update their systems to reflect reduced face values. The change is effective immediately from December 15, 2025, requiring prompt system adjustments.

Investor Impact: Debenture holders will receive partial redemption proceeds and accrued interest. Post-redemption, the reduced face values will affect future coupon calculations and final maturity proceeds. The 8.08% series face value reduces to Rs. 94,930 and the 8.28% series to Rs. 71,940 per debenture.

Impact Justification

Affects specific debenture holders of SKRPL with part redemption and reduced face values; material impact limited to debt security holders of this entity