Description

Part redemption of non-convertible debentures with reduced face value to Rs. 99,375 per debenture for two series, effective December 16, 2025.

Summary

INTERISE TRUST has announced part redemption of its non-convertible debentures along with interest payment. Two series of debentures (IT-6.96-RESET RATE and IT-7.30-RESET RATE) will see their face value reduced to Rs. 99,375 per debenture, effective December 16, 2025. Trading in these debentures will commence with reduced face value from the effective date.

Key Points

  • Part redemption affects two debenture series of INTERISE TRUST
  • IT-6.96-RESET RATE-31-03-45-PV (ISIN: INE790Z07061, Code: 977222)
  • IT-7.30-RESET RATE-31-03-45-PV (ISIN: INE790Z07079, Code: 977223)
  • Reduced face value: Rs. 99,375 per debenture for both series
  • Record date: December 16, 2025
  • Purpose: Part redemption of debentures and payment of interest
  • Settlement number: DR-778/2025-2026

Regulatory Changes

No regulatory framework changes. This is a standard corporate action notification for debt securities.

Compliance Requirements

  • Trading members must note the reduced face value effective from December 16, 2025
  • Trading in the debentures will be conducted with the reduced face value from the effective date
  • Members should update their systems to reflect the new face value of Rs. 99,375 per debenture

Important Dates

  • Notice Date: December 11, 2025
  • Record Date: December 16, 2025
  • Effective Date of Reduced Face Value: December 16, 2025
  • Settlement: DR-778/2025-2026

Impact Assessment

Debenture Holders: Holders of the affected debentures will receive partial redemption proceeds along with interest payment. The face value reduction from the original amount to Rs. 99,375 represents the partial redemption.

Market Impact: Limited to holders of these specific INTERISE TRUST debenture series. Trading will continue with adjusted face values, requiring system updates by trading members.

Operational Impact: Trading members need to ensure their systems reflect the reduced face value for accurate trade processing and settlement from December 16, 2025 onwards.

Impact Justification

Affects debenture holders of INTERISE TRUST with significant face value reduction. Impact limited to specific debt instrument holders.