Description

BSE notifies reduced face values for three PTCs of SANSAR TRUST - SERIES A1 following partial redemption, effective December 17, 2025.

Summary

BSE has announced partial redemption of three Pass Through Certificates (PTCs) issued by SANSAR TRUST - SERIES A1. Catalyst Trusteeship Ltd has informed the exchange of reduced face values for these PTCs effective December 17, 2025. Trading members are required to note the new reduced face values for trading purposes.

Key Points

  • Three PTCs of SANSAR TRUST - SERIES A1 undergo partial redemption
  • SANSAR TRUST NOV 2023 IV (INE0SAI15015, Scrip Code: 975244): Face value reduced to Rs. 0.19 per PTC
  • SANSAR JUNE 2024 TRUST (INE0YWN15017, Scrip Code: 975807): Face value reduced to Rs. 0.42 per PTC
  • SANSAR AUG 2024 VII TRUST (INE14LF15016, Scrip Code: 976002): Face value reduced to Rs. 0.62 per PTC
  • Catalyst Trusteeship Ltd is the trustee for these PTCs
  • Trading members must use the reduced face values for all trades

Regulatory Changes

No regulatory framework changes. This is a corporate action notification updating face values following partial redemption of PTCs.

Compliance Requirements

  • Trading members must trade the affected PTCs at the reduced face values specified
  • Trading members are required to take note of the changes and update their systems accordingly
  • Reference number: DR-779/2025-2026

Important Dates

  • Notice Date: December 16, 2025
  • Effective Date: December 17, 2025 - PTCs will trade at reduced face values from this date

Impact Assessment

Investor Impact: Holders of these PTCs will receive partial redemption proceeds, and the remaining face value of their holdings will be reduced accordingly. This affects the principal amount outstanding on these instruments.

Trading Impact: Trading members must ensure their systems reflect the new face values to avoid pricing errors. The reduced face values will affect the calculation of accrued interest and settlement amounts.

Market Impact: Limited to holders and traders of these specific SANSAR TRUST PTCs. No broader market implications expected.

Impact Justification

Routine corporate action affecting three PTCs with reduced face values. Important for PTC holders and traders but limited to specific debt instruments.