Description

VERTIS INFRASTRUCTURE TRUST announces part redemption of two series of non-convertible debentures with reduced face values effective December 16, 2025.

Summary

VERTIS INFRASTRUCTURE TRUST has announced part redemption of two series of non-convertible debentures along with interest payment. The record date is December 16, 2025, and trading in these debentures will commence with reduced face values from the same date.

Key Points

  • Two series of debentures are subject to part redemption
  • VIT-8.25%-22-9-29-PVT (ISIN: INE0KXY07026, Code: 974227): Face value reduced to Rs. 960,000 per debenture
  • VIT-7.40%-31-12-41-INVIT (ISIN: INE0KXY07042, Code: 976771): Face value reduced to Rs. 99,767.5 per debenture
  • Record date fixed as December 16, 2025
  • Dual purpose: Part redemption and interest payment
  • Trading with reduced face value effective from December 16, 2025
  • Settlement number: DR-778/2025-2026

Regulatory Changes

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

Compliance Requirements

  • Trading members must note the reduced face values effective from December 16, 2025
  • All trading in the specified debentures must reflect the new face values from the effective date
  • Members should update their systems to reflect the reduced face values for settlement DR-778/2025-2026

Important Dates

  • Record Date: December 16, 2025
  • Effective Date for Reduced Face Value: December 16, 2025
  • Settlement Number: DR-778/2025-2026

Impact Assessment

Market Impact: Medium - affects holders of VERTIS INFRASTRUCTURE TRUST debentures in two specific series. The part redemption returns capital to debenture holders while reducing the outstanding face value of these debt instruments.

Operational Impact: Trading members must update their systems to reflect the new face values from December 16, 2025. The significant reduction in face values (from implied original values to Rs. 960,000 and Rs. 99,767.5 respectively) indicates substantial partial redemption.

Investor Impact: Debenture holders on record as of December 16, 2025 will receive both interest payment and partial return of principal through the redemption process.

Impact Justification

Part redemption of debentures affects debt holders of VERTIS INFRASTRUCTURE TRUST with specific face value reductions. Limited to debt segment participants.