Description

Grand Hills Developments Private Limited announces part redemption of debentures with record date December 16, 2025, reducing face value to Rs. 93,125 per debenture.

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 effective 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 No. DR-778/2025-2026)
  • Trading with reduced face value begins from effective date

Regulatory Changes

No regulatory framework changes. This is a corporate action notification following standard debenture redemption procedures.

Compliance Requirements

  • Trading members must note the change in face value for the debentures
  • Trading in the debentures will reflect the reduced face value of Rs. 93,125 per debenture from December 16, 2025
  • Settlement number DR-778/2025-2026 applies for transactions with reduced face value

Important Dates

  • December 12, 2025: Circular notice date
  • December 16, 2025: Record date for interest payment and part redemption
  • December 16, 2025: Effective date for trading with reduced face value (Settlement DR-778/2025-2026)

Impact Assessment

Investor Impact: Debenture holders as on record date will receive interest payment and partial principal redemption. Post-redemption, the face value reduces to Rs. 93,125 per debenture, affecting valuation and future cash flows.

Market Impact: Limited to debt segment. Trading members must update systems to reflect the reduced face value for accurate pricing and settlement of trades executed on or after December 16, 2025.

Operational Impact: Trading platforms and settlement systems need to incorporate the reduced face value for this specific ISIN to ensure proper transaction processing.

Impact Justification

Part redemption affects debenture holders of a private limited company with reduced face value, material for debt investors but limited market-wide impact