Description
Grand Hills Developments Private Limited announces part redemption of debentures with reduced face value effective December 16, 2025.
Summary
Grand Hills Developments Private Limited has announced part redemption of its non-convertible debentures along with interest payment. The record date is set for December 16, 2025, and trading in the debentures will commence with reduced face value from the same date.
Key Points
- Company: Grand Hills Developments Private Limited
- Security: GHDPL-RESET RATE-31-10-29-PVT (ISIN: INE0DWX08015, Code: 977285)
- Record Date: December 16, 2025
- Purpose: Part redemption of debentures and payment of interest
- Reduced Face Value: Rs. 93,125 per debenture
- Effective Date: December 16, 2025
- Settlement Number: DR-778/2025-2026
Regulatory Changes
No regulatory changes announced in this circular.
Compliance Requirements
- Trading members must note that trading in the debentures will be conducted with the reduced face value effective from December 16, 2025
- The debentures will trade at Rs. 93,125 per debenture post-redemption
Important Dates
- Record Date: December 16, 2025 - Eligibility determination for interest payment and part redemption
- Effective Date: December 16, 2025 - Trading commences with reduced face value
- Settlement: DR-778/2025-2026
Impact Assessment
This is a routine corporate action for debt securities with minimal market-wide impact. Debenture holders will receive partial redemption proceeds and interest payment. The reduction in face value to Rs. 93,125 per debenture reflects the part redemption. Impact is limited to holders of these specific private placement debentures.
Impact Justification
Routine debt corporate action affecting private limited company debentures with limited market-wide impact