Description
INTERISE TRUST has fixed record date for part redemption and interest payment on non-convertible debentures with reduced face value effective December 24, 2025.
Summary
INTERISE TRUST has announced part redemption of its non-convertible debentures (ISIN: INE790Z07053) along with interest payment. The record date has been set for December 24, 2025, and trading in these debentures will commence with reduced face value from the same date.
Key Points
- Company: INTERISE TRUST
- Debenture: INT-7.85%(Reset Rate)-31-3-40 (ISIN: INE790Z07053)
- Scrip Code: 974904
- Record Date: December 24, 2025
- Purpose: Part redemption of debentures and payment of interest
- Reduced Face Value: Rs. 92,215/- per debenture
- Effective Date: December 24, 2025
- Settlement Number: DR-784/2025-2026
Regulatory Changes
No regulatory changes. This is a standard corporate action notification.
Compliance Requirements
- Trading members must note that trading in the debentures will be conducted with reduced face value of Rs. 92,215/- per debenture effective from December 24, 2025
- Members must ensure proper settlement as per settlement number DR-784/2025-2026
Important Dates
- Record Date: December 24, 2025 - Eligibility for part redemption and interest payment
- Effective Date for Reduced Face Value Trading: December 24, 2025
- Notice Date: December 15, 2025
Impact Assessment
This circular has limited market impact as it affects only holders of specific non-convertible debentures issued by INTERISE TRUST. The part redemption will reduce the outstanding face value of these debentures, and trading will continue with the reduced denomination. This is a routine corporate action in the debt segment with no implications for broader market operations or trading in other securities.
Impact Justification
Routine corporate action affecting specific debenture holders of INTERISE TRUST only, with no broader market impact