Description
Notification of partial redemption of Pass Through Certificates (PTCs) of TRINITY TRUST SEP 2025, reducing face value to Rs. 7874.34 per PTC effective December 19, 2025.
Summary
BSE has been informed by Mitcon Credentia Trusteeship Services Ltd about the partial redemption of Pass Through Certificates (PTCs) issued by TRINITY TRUST SEP 2025. The face value per PTC has been reduced to Rs. 7874.34 following the partial redemption. Trading members are advised that the PTCs will trade at the reduced face value starting December 19, 2025.
Key Points
- Partial redemption of PTCs issued by TRINITY TRUST SEP 2025
- ISIN: INE2JU715017 (Scrip Code: 977166)
- Security: TTS25-11.75%-21-9-27-PTC
- Reduced face value: Rs. 7874.34 per PTC
- Trustee: Mitcon Credentia Trusteeship Services Ltd
- Reference: DR-781/2025-2026
Regulatory Changes
No regulatory changes introduced. This is a corporate action notification regarding partial redemption of debt securities.
Compliance Requirements
- Trading members must note the reduced face value effective from December 19, 2025
- All trades in these PTCs must reflect the new face value of Rs. 7874.34 per PTC
- Trading members should update their systems accordingly to reflect the reduced face value
Important Dates
- Notice Date: December 18, 2025
- Effective Date for Trading at Reduced Face Value: December 19, 2025
Impact Assessment
This circular has minimal market-wide impact as it relates to a specific debt instrument (PTC) issued by TRINITY TRUST SEP 2025. The partial redemption is a normal corporate action that affects only the holders of this particular security. Trading members need to update their records to reflect the new face value for accurate trading and settlement. The reduction in face value reflects the return of capital to PTC holders through partial redemption.
Impact Justification
Routine partial redemption of debt securities affecting a single PTC issue with reduced face value. Limited market-wide impact, relevant only to holders of this specific instrument.