Description

BSE announces part redemption of four series of non-convertible debentures issued by Kolte-Patil Developers Ltd with reduced face values effective December 12, 2025.

Summary

BSE has notified trading members about the part redemption of four series of non-convertible debentures issued by Kolte-Patil Developers Ltd. The record date for redemption is December 12, 2025, and trading in these debentures will commence with reduced face values from the same date under settlement number DR-776/2025-2026.

Key Points

  • Four debenture series of Kolte-Patil Developers Ltd are undergoing part redemption
  • Record date for redemption: December 12, 2025
  • Trading with reduced face values effective from December 12, 2025
  • Settlement number: DR-776/2025-2026
  • All four debenture series are privately placed (PVT)

Debenture Details

KPDL-ZC-17-4-33-PVT (INE094I07049 / 974771)

  • Reduced face value: Rs. 63,985 per debenture

KPDL-21-12-33-PVT (INE094I07064 / 975276)

  • Reduced face value: Rs. 62,153 per debenture

KPDL-ZC-20-9-34-PVT (INE094I07072 / 976030)

  • Reduced face value: Rs. 66,967 per debenture

KPDL-15-10-35-PVT (INE094I07080 / 977231)

  • Reduced face value: Rs. 99,360 per debenture

Compliance Requirements

  • Trading members must note the reduced face values for all four debenture series
  • Trading in these debentures will be conducted with reduced face values from the effective date
  • Members should update their systems to reflect the new face values

Important Dates

  • Notice Date: December 11, 2025
  • Record Date: December 12, 2025
  • Effective Date for Reduced Face Value: December 12, 2025
  • Settlement Number: DR-776/2025-2026

Impact Assessment

This part redemption represents a scheduled corporate action that reduces the outstanding principal on four debenture series. Debenture holders will receive partial repayment, and the reduced face values will be reflected in trading from December 12, 2025. This is a positive event for debenture holders receiving partial liquidity while maintaining their remaining investment. The action affects the debt segment only and has no impact on equity markets.

Impact Justification

Routine corporate action affecting four debenture series of Kolte-Patil Developers with immediate effect on face values. Material for debenture holders but limited broader market impact.