Description
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 notifies Trading Members 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 partial redemption. The revised face value will be effective for trading from December 19, 2025.
Key Points
- Partial redemption of PTCs of TRINITY TRUST SEP 2025 (ISIN: INE2JU715017, Scrip Code: 977166)
- Reduced face value: Rs. 7874.34 per PTC
- Effective date for trading with reduced face value: December 19, 2025
- Coupon rate: 11.75%
- Maturity date: September 21, 2027
- Notice issued by Mitcon Credentia Trusteeship Services Ltd
Regulatory Changes
No regulatory framework changes. This is a standard corporate action notification for partial redemption of debt securities.
Compliance Requirements
- Trading Members must note the reduced face value for the PTCs
- All trades in these PTCs from December 19, 2025 onwards must reflect the new face value of Rs. 7874.34 per PTC
- Trading Members should update their systems and records accordingly
Important Dates
- Notice Date: December 18, 2025
- Effective Date for Reduced Face Value Trading: December 19, 2025
- PTC Maturity Date: September 21, 2027
Impact Assessment
Market Impact: Low to medium - affects only holders and traders of specific PTCs issued by TRINITY TRUST SEP 2025.
Investor Impact: PTC holders will receive partial redemption proceeds while continuing to hold certificates with reduced face value. Future coupon payments and final redemption will be based on the new reduced face value.
Trading Impact: Trading Members must ensure their systems reflect the updated face value to prevent trading errors or discrepancies in settlement calculations.
Impact Justification
Partial redemption affects specific debt instrument holders; limited to PTC investors of TRINITY TRUST SEP 2025