Description

CUBE HIGHWAYS TRUST announces part redemption of debentures with record date December 16, 2025, reducing face value to Rs. 99,000 per debenture.

Summary

CUBE HIGHWAYS TRUST has announced part redemption of its Non-Convertible Debentures along with interest payment. The record date has been set for December 16, 2025. Trading in the debentures will commence with reduced face value of Rs. 99,000 per debenture effective from the same date.

Key Points

  • Record date for part redemption and interest payment: December 16, 2025
  • ISIN: INE0NR607033
  • Scrip Code: 976397
  • Series: CHT-7.67-31-12-42-INVITS
  • Reduced face value: Rs. 99,000 per debenture
  • Effective date of reduced face value: December 16, 2025
  • Settlement number: DR-778/2025-2026

Regulatory Changes

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

Compliance Requirements

  • Trading members must note that debentures will trade with reduced face value from December 16, 2025
  • All trading systems and records must reflect the new face value from the effective date
  • Members should update their systems to account for the part redemption

Important Dates

  • Record Date: December 16, 2025 - For determining eligible debenture holders for part redemption and interest payment
  • Effective Date: December 16, 2025 - Trading commences with reduced face value of Rs. 99,000 per debenture
  • Settlement: DR-778/2025-2026

Impact Assessment

Impact on Debenture Holders: Debenture holders on record as of December 16, 2025 will receive partial redemption proceeds and accrued interest. The reduced face value indicates a return of capital to investors.

Market Impact: Limited broader market impact as this affects only specific debenture series holders. Trading will continue with adjusted face value, requiring price adjustments in systems.

Liquidity Consideration: The reduced face value may affect trading lot sizes and liquidity in this specific debenture series going forward.

Impact Justification

Part redemption affects debenture holders of CUBE HIGHWAYS TRUST with face value reduction, requiring tracking for debt market participants