Description

VERTIS INFRASTRUCTURE TRUST announces part redemption and interest payment on two series of non-convertible debentures with record date 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 fixed as December 16, 2025, and trading in these debentures will commence with reduced face values from the same date under settlement DR-778/2025-2026.

Key Points

  • Two series of debentures affected: VIT-8.25%-22-9-29-PVT (ISIN: INE0KXY07026, Scrip Code: 974227) and VIT-7.40%-31-12-41-INVIT (ISIN: INE0KXY07042, Scrip Code: 976771)
  • Record date for part redemption and interest payment: December 16, 2025
  • Trading with reduced face value effective from December 16, 2025
  • Settlement number: DR-778/2025-2026
  • VIT-8.25%-22-9-29-PVT: Face value reduced to Rs. 960,000 per debenture
  • VIT-7.40%-31-12-41-INVIT: Face value reduced to Rs. 99,767.50 per debenture

Regulatory Changes

No regulatory changes announced in this circular.

Compliance Requirements

  • Trading members must note the reduced face values for the specified debentures
  • Trading with reduced face value must be implemented from December 16, 2025
  • Record date of December 16, 2025 determines eligibility for part redemption and interest payment

Important Dates

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

Impact Assessment

This corporate action affects debenture holders of VERTIS INFRASTRUCTURE TRUST who hold either of the two specified series. The part redemption results in significant face value reductions - the VIT-8.25%-22-9-29-PVT series sees reduction to Rs. 960,000 per debenture while VIT-7.40%-31-12-41-INVIT reduces to Rs. 99,767.50 per debenture. Investors holding positions as of the record date will receive partial redemption proceeds and accrued interest. Trading members must adjust their systems to reflect the new reduced face values from December 16, 2025 onwards to ensure accurate settlement and pricing.

Impact Justification

Part redemption affects debenture holders of VERTIS INFRASTRUCTURE TRUST with reduced face values effective December 16, 2025. Material impact limited to specific debt security holders.