Description
BSE notice regarding part redemption of non-convertible debentures issued by Kolte-Patil Developers Ltd with record date December 12, 2025 and reduced face values for four debenture series.
Summary
BSE has issued a notice regarding the part redemption of non-convertible debentures issued by KOLTE-PATIL DEVELOPERS LTD. The company has fixed December 12, 2025 as the record date for determining eligible debenture holders. Trading in the affected debentures will commence with reduced face values effective from the record date under settlement number DR-776/2025-2026.
Key Points
- Four series of debentures are subject to part redemption
- Record date fixed as December 12, 2025
- Trading with reduced face values begins December 12, 2025
- Settlement number: DR-776/2025-2026
- All affected debentures are privately placed non-convertible instruments
Debenture Details
KPDL-ZC-17-4-33-PVT (ISIN: INE094I07049, Code: 974771)
- Reduced Face Value: Rs. 63,985 per Debenture
- Effective Date: December 12, 2025
KPDL-21-12-33-PVT (ISIN: INE094I07064, Code: 975276)
- Reduced Face Value: Rs. 62,153 per Debenture
- Effective Date: December 12, 2025
KPDL-ZC-20-9-34-PVT (ISIN: INE094I07072, Code: 976030)
- Reduced Face Value: Rs. 66,967 per Debenture
- Effective Date: December 12, 2025
KPDL-15-10-35-PVT (ISIN: INE094I07080, Code: 977231)
- Reduced Face Value: Rs. 99,360 per Debenture
- Effective Date: December 12, 2025
Compliance Requirements
- Trading members must note that trading in these debentures will be conducted with reduced face values from the effective date
- Members should update their systems and records to reflect the new face values
- Proper settlement procedures must be followed under settlement number DR-776/2025-2026
Important Dates
- Notice Date: December 11, 2025
- Record Date: December 12, 2025
- Effective Date for Reduced Face Value Trading: December 12, 2025
- Settlement Number: DR-776/2025-2026
Impact Assessment
Market Impact: Limited to specific debenture holders of Kolte-Patil Developers Ltd. This is a routine corporate action that affects the debt segment.
Investor Impact: Debenture holders on record as of December 12, 2025 will receive partial redemption proceeds. The face value reduction reflects the amount redeemed from the original principal.
Trading Impact: Trading members must ensure proper valuation and settlement using the reduced face values from the effective date. The varying reduced face values across different series indicate different redemption percentages based on the original terms of each debenture issue.
Impact Justification
Routine corporate action affecting specific debenture holders with partial redemption; impacts debt market participants holding these specific securities