Description

INTERISE TRUST has fixed Record Date for Payment of Interest and Part Redemption on Non-Convertible Debentures with reduced face value effective December 24, 2025.

Summary

INTERISE TRUST has announced part redemption of its Non-Convertible Debentures (NCDs) along with interest payment. The debentures (ISIN: INE790Z07053, Code: 974904) with 7.85% reset rate maturing on March 31, 2040, will be partially redeemed with a record date of December 24, 2025. Following the part redemption, the face value of the debentures will be reduced to Rs. 92,215 per debenture.

Key Points

  • Debenture ISIN: INE790Z07053
  • BSE Code: 974904
  • Interest Rate: 7.85% (Reset Rate)
  • Maturity Date: March 31, 2040
  • Record Date: December 24, 2025
  • Reduced Face Value: Rs. 92,215 per debenture
  • Effective Date: December 24, 2025
  • Settlement Number: DR-784/2025-2026
  • Trading in debentures will be with reduced face value from the effective date

Regulatory Changes

No regulatory changes introduced. This is a corporate action notification as per existing debt securities framework.

Compliance Requirements

  • Trading Members must note that trading in the debentures will be with reduced face value effective December 24, 2025
  • Debenture holders whose names appear in the register 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 reduced 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

Impact on Debenture Holders: Debenture holders will receive partial redemption proceeds along with interest payment. The outstanding face value will be reduced to Rs. 92,215 per debenture, affecting the remaining investment amount and future interest calculations.

Market Impact: Limited to holders of INTERISE TRUST debentures. Trading will continue with the reduced face value, requiring investors and trading systems to account for the new face value in pricing and settlement.

Operational Impact: Trading Members need to update their systems and records to reflect the reduced face value from December 24, 2025, to ensure accurate trading and settlement operations.

Impact Justification

Routine corporate action affecting debenture holders of INTERISE TRUST with part redemption reducing face value, requiring investor awareness but not market-wide impact