Description
PRAYATNA DEVELOPERS PRIVATE LIMITED has fixed record date for payment of interest and part redemption of non-convertible debentures with reduced face value effective December 16, 2025.
Summary
PRAYATNA DEVELOPERS PRIVATE LIMITED has fixed a record date for payment of interest and part redemption of its non-convertible debentures (ISIN: INE925U07023, Scrip Code: 973756). Trading in these debentures will commence with reduced face value of Rs. 507041 per debenture effective December 16, 2025.
Key Points
- Company: PRAYATNA DEVELOPERS PRIVATE LIMITED
- Debenture Series: PDPL-7.30%-31-12-26-PVT
- ISIN: INE925U07023
- Scrip Code: 973756
- Record Date: December 16, 2025
- Reduced Face Value: Rs. 507041 per debenture
- Purpose: Part redemption of debentures and payment of interest
- Settlement Number: DR-778/2025-2026
Regulatory Changes
No regulatory changes. This is a routine corporate action notice.
Compliance Requirements
- Trading members must note that trading in the debentures will be conducted with the reduced face value effective from December 16, 2025
- The reduced face value of Rs. 507041 per debenture applies from the effective date
Important Dates
- Record Date: December 16, 2025 - Eligibility date for interest payment and part redemption
- Effective Date: December 16, 2025 - Trading with reduced face value commences
- Settlement Number: DR-778/2025-2026
Impact Assessment
This circular has minimal market impact as it pertains to a private company’s debt securities. The part redemption reduces the outstanding face value of the debentures, affecting only existing debenture holders. Trading members dealing in this specific security need to adjust their systems for the reduced face value from December 16, 2025.
Impact Justification
Routine corporate action affecting private company debentures with limited market impact, relevant only to specific debenture holders.