Description

BSE notifies part redemption of debentures and interest payment by Prayatna Developers Private Limited with record date December 16, 2025 and reduced face value effective from same date.

Summary

BSE has notified that Prayatna Developers Private Limited has fixed December 16, 2025 as the record date for part redemption of its non-convertible debentures (ISIN: INE925U07023, Scrip Code: 973756) and payment of interest. Trading in these debentures will be with reduced face value of Rs. 507041 per debenture effective from December 16, 2025 (Settlement No. DR-778/2025-2026).

Key Points

  • Company: Prayatna Developers Private Limited
  • Security: 7.30% Non-Convertible Debentures maturing on December 31, 2026
  • ISIN: INE925U07023
  • Scrip Code: 973756
  • Record Date: December 16, 2025
  • Purpose: Part redemption of debentures and payment of interest
  • Reduced Face Value: Rs. 507041 per debenture
  • Effective Date: December 16, 2025
  • Settlement Number: DR-778/2025-2026

Regulatory Changes

No regulatory changes introduced. This is a standard corporate action notification.

Compliance Requirements

  • Trading members must note that trading in the debentures will be with reduced face value effective from December 16, 2025
  • Members should ensure their systems reflect the updated face value for trading and settlement purposes

Important Dates

  • December 11, 2025: Circular issued
  • December 16, 2025: Record date for part redemption and interest payment
  • December 16, 2025: Effective date for trading with reduced face value (Settlement DR-778/2025-2026)

Impact Assessment

This is a routine corporate action with minimal market impact. It affects only holders of specific debentures (PDPL-7.30%-31-12-26-PVT) of Prayatna Developers Private Limited. The part redemption reduces the outstanding face value per debenture to Rs. 507041. Trading members need to update their systems to reflect the new face value for accurate trading and settlement. No broader market or operational implications are expected.

Impact Justification

Routine corporate action affecting specific debenture holders of a private limited company with limited market-wide impact