Description

LODHA DEVELOPERS LIMITED has fixed record date for payment of interest and part redemption of non-convertible debentures with reduced face values effective December 15, 2025.

Summary

LODHA DEVELOPERS LIMITED has fixed the record date of December 15, 2025 for part redemption of its non-convertible debentures. Two series of debentures will undergo face value reduction and one will also receive interest payment. Trading in these debentures will be conducted with reduced face values effective from December 15, 2025.

Key Points

  • Notice Number: 20251211-76
  • Notice Date: December 11, 2025
  • Record Date: December 15, 2025
  • Two debenture series affected: LDL-Reset Rate-21-01-28-PVT (INE670K07307) and LDL-TBILLS-13-11-28-PVT (INE670K07349)
  • Trading with reduced face values begins December 15, 2025 under settlement DR-777/2025-2026

Debenture Details

Series 1: LDL-Reset Rate-21-01-28-PVT

  • ISIN: INE670K07307
  • Scrip Code: 976923
  • Purpose: Part Redemption of Debentures
  • Reduced Face Value: Rs. 91,341/- per Debenture

Series 2: LDL-TBILLS-13-11-28-PVT

  • ISIN: INE670K07349
  • Scrip Code: 977293
  • Purpose: Part Redemption of Debentures and Payment of Interest
  • Reduced Face Value: Rs. 99,600/- per Debenture

Compliance Requirements

  • Trading Members must note the face value reduction effective from December 15, 2025
  • All trading in these debentures must reflect the reduced face values from the effective date
  • Settlement number DR-777/2025-2026 applies

Important Dates

  • Record Date: December 15, 2025
  • Effective Date for Reduced Face Value: December 15, 2025
  • Settlement: DR-777/2025-2026

Impact Assessment

This part redemption affects debenture holders of LODHA DEVELOPERS LIMITED who hold either of the two specified NCD series. The face value reduction reflects the partial return of principal to investors. Debenture holders on record as of December 15, 2025 will receive the redemption proceeds and interest payment (for Series 2). Trading members must ensure their systems reflect the new reduced face values to ensure accurate pricing and settlement.

Impact Justification

Affects debenture holders of LODHA DEVELOPERS LIMITED with part redemption and face value changes for two specific NCDs