Description

INTERISE TRUST has fixed record date for payment of interest and part redemption of non-convertible debentures with reduced face value effective December 24, 2025.

Summary

INTERISE TRUST has announced part redemption of its Non-Convertible Debentures (NCDs) with ISIN INE790Z07053. The record date has been set for December 24, 2025, for the purpose of interest payment and part redemption. Following the redemption, the debentures will trade with a reduced face value of Rs. 92,215 per debenture effective from the same date.

Key Points

  • Issuer: INTERISE TRUST
  • Debenture: INT-7.85% (Reset Rate)-31-3-40
  • ISIN: INE790Z07053
  • BSE Code: 974904
  • Record date for part redemption and interest payment: December 24, 2025
  • New reduced face value: Rs. 92,215 per debenture
  • Effective date of reduced face value: December 24, 2025
  • Settlement number: DR-784/2025-2026

Regulatory Changes

No regulatory changes introduced. This is a standard corporate action notice for debt securities.

Compliance Requirements

  • Trading members must note that trading in these debentures will be conducted with the reduced face value effective December 24, 2025
  • Debenture holders as on the record date (December 24, 2025) will be eligible for interest payment and part redemption
  • Trading members should update their systems to reflect the new face value of Rs. 92,215 per debenture

Important Dates

  • Notice Date: December 15, 2025
  • Record Date: December 24, 2025
  • Effective Date for Reduced Face Value: December 24, 2025
  • Settlement Number: DR-784/2025-2026

Impact Assessment

This corporate action has minimal market impact as it affects only holders of specific debentures issued by INTERISE TRUST. The part redemption will reduce the outstanding face value of these NCDs, providing partial liquidity to debenture holders while maintaining the remaining investment at the reduced face value. Trading members dealing with these debentures need to update their records and trading systems accordingly. No impact on equity markets or broader debt market operations.

Impact Justification

Routine debt instrument corporate action affecting specific debenture holders of INTERISE TRUST only, with no broader market impact