Description
Notification of partial redemption reducing the face value of TRINITY TRUST SEP 2025 Pass Through Certificates to Rs. 7874.34 per PTC, effective December 19, 2025.
Summary
Mitcon Credentia Trusteeship Services Ltd has informed BSE about the partial redemption of Pass Through Certificates (PTCs) issued by TRINITY TRUST SEP 2025. The face value has been reduced to Rs. 7874.34 per PTC following the part redemption. Trading members are advised that the PTCs will trade at the reduced face value starting December 19, 2025.
Key Points
- TRINITY TRUST SEP 2025 PTCs (ISIN: INE2JU715017, Scrip Code: 977166) undergoing partial redemption
- Reduced face value: Rs. 7874.34 per PTC
- Coupon rate: 11.75%
- Maturity date: September 21, 2027
- Trustee: Mitcon Credentia Trusteeship Services Ltd
- Notice reference: DR-781/2025-2026
Regulatory Changes
No regulatory changes. This is a corporate action notification for debt securities.
Compliance Requirements
- Trading members must note the reduced face value of Rs. 7874.34 per PTC
- All trades must be executed at the new reduced face value
- Trading members should update their systems to reflect the changed face value
Important Dates
- Notice Date: December 18, 2025
- Effective Date for Trading at Reduced Face Value: December 19, 2025
Impact Assessment
This partial redemption affects holders of TRINITY TRUST SEP 2025 PTCs. The reduced face value reflects the return of principal to PTC holders. Trading members need to ensure their systems are updated to reflect the new face value for accurate pricing and settlement. The impact is limited to holders and traders of this specific debt instrument.
Impact Justification
Affects holders of specific PTCs with face value reduction; limited to debt instrument holders of TRINITY TRUST SEP 2025