Description

Notification of reduced face values for three PTCs of SANSAR TRUST following partial redemption, effective December 17, 2025.

Summary

BSE has notified trading members about the partial redemption of Pass Through Certificates (PTCs) issued by SANSAR TRUST - SERIES A1. Catalyst Trusteeship Ltd has informed the exchange of reduced face values for three PTCs following partial redemption. The revised face values will be applicable for trading from December 17, 2025.

Key Points

  • Three PTCs of SANSAR TRUST - SERIES A1 undergo partial redemption with reduced face values
  • SANSAR TRUST NOV 2023 IV (ISIN: INE0SAI15015, Scrip: 975244): Reduced to Rs. 0.19 per PTC
  • SANSAR JUNE 2024 TRUST (ISIN: INE0YWN15017, Scrip: 975807): Reduced to Rs. 0.42 per PTC
  • SANSAR AUG 2024 VII TRUST (ISIN: INE14LF15016, Scrip: 976002): Reduced to Rs. 0.62 per PTC
  • Trading members advised to note the revised face values for trading purposes
  • Notice issued by Catalyst Trusteeship Ltd

Regulatory Changes

No regulatory changes. This is a standard corporate action notification for partial redemption of debt securities.

Compliance Requirements

  • Trading members must update their systems with the reduced face values for the three PTCs
  • All trading in these PTCs must reflect the new face values from the effective date
  • Trading members required to take note of the changes and ensure proper valuation

Important Dates

  • Notice Date: December 16, 2025
  • Effective Date for Trading: December 17, 2025
  • Reference: DR-779/2025-2026

Impact Assessment

This circular has minimal market-wide impact as it affects only specific debt instruments (PTCs) of SANSAR TRUST. The partial redemption results in reduced face values, which is a routine corporate action for pass-through certificates. Investors and trading members dealing with these specific securities need to adjust their records and trading systems accordingly. The impact is limited to holders of these three PTCs and does not affect broader market operations or other securities.

Impact Justification

Routine corporate action affecting specific debt instruments with reduced face values. Limited market-wide impact, relevant only to holders of these specific PTCs.