Description

RRVPN to partially redeem bonds with record date December 20, 2025. Face value will be reduced to Rs. 400,000 per bond effective December 19, 2025.

Summary

Rajasthan Rajya Vidyut Prasaran Nigam Limited (RRVPN) has announced a part redemption of its 8.65% bonds maturing on January 5, 2027 (ISIN: INE572F09202, Scrip Code: 951589). The record date for payment of interest and part redemption is December 20, 2025. Trading in these bonds will commence with a reduced face value of Rs. 400,000 per bond effective December 19, 2025.

Key Points

  • Part redemption of RRVPN 8.65% bonds due January 5, 2027
  • ISIN: INE572F09202, Scrip Code: 951589
  • Record date: December 20, 2025
  • Reduced face value: Rs. 400,000 per bond
  • Effective date for reduced face value trading: December 19, 2025
  • Settlement number: DR-781/2025-2026
  • Dual purpose: Interest payment and part redemption

Regulatory Changes

No regulatory changes announced. This is a corporate action notice regarding bond redemption.

Compliance Requirements

  • Trading members must note that bonds will trade with reduced face value of Rs. 400,000 per bond from December 19, 2025
  • Bondholders as of record date December 20, 2025 will be eligible for interest payment and part redemption
  • Trading members must ensure proper settlement under DR-781/2025-2026

Important Dates

  • December 17, 2025: Notice date
  • December 19, 2025: Effective date for trading with reduced face value (Settlement DR-781/2025-2026)
  • December 20, 2025: Record date for interest payment and part redemption

Impact Assessment

This part redemption will return capital to bondholders while reducing the outstanding face value of RRVPN’s debt securities. Bondholders will receive partial repayment along with accrued interest. The reduced face value of Rs. 400,000 per bond will be reflected in trading from December 19, 2025. This is a standard corporate action for debt securities and demonstrates RRVPN’s commitment to servicing its debt obligations. Trading members and bondholders should adjust their records and portfolios accordingly to reflect the reduced principal amount.

Impact Justification

Part redemption affects bondholders of RRVPN 8.65% bonds due 2027, with face value reduction from original to Rs. 400,000 per bond. Material corporate action for debt securities.