Description

BSE announces partial redemption of Pass Through Certificates (PTCs) of TRINITY TRUST SEP 2025 with reduced face value effective December 22, 2025.

Summary

BSE has notified trading members about the partial redemption of Pass Through Certificates (PTCs) issued by TRINITY TRUST SEP 2025. Following this redemption, the face value of the PTCs will be reduced to Rs. 7,873.25 per PTC. The trustee Mitcon Credentia Trusteeship Services Ltd has informed the exchange about this corporate action. Trading with the reduced face value will commence from December 22, 2025.

Key Points

  • Partial redemption of PTCs of TRINITY TRUST SEP 2025 (ISIN: INE2JU715017, Scrip Code: 977166)
  • Reduced face value: Rs. 7,873.25 per PTC
  • Trading with new face value starts December 22, 2025
  • Trustee: Mitcon Credentia Trusteeship Services Ltd
  • Applies to debt segment securities
  • Reference: DR-782/2025-2026

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 of Rs. 7,873.25 per PTC
  • All trades in these PTCs from December 22, 2025 onwards must reflect the new face value
  • Trading members should update their systems to reflect the reduced face value before trading commences

Important Dates

  • Notice Date: December 19, 2025
  • Effective Date for Trading with Reduced Face Value: December 22, 2025

Impact Assessment

Market Impact: Medium - affects only holders of specific PTCs of TRINITY TRUST SEP 2025. The partial redemption results in a reduced face value, which will impact the trading denomination and outstanding principal amount.

Operational Impact: Trading members dealing in these PTCs need to update their systems to reflect the new face value before December 22, 2025. The change is limited to a single security and should not cause widespread operational disruption.

Investor Impact: PTC holders will receive partial redemption proceeds while continuing to hold PTCs with reduced face value. Future interest payments and final redemption will be based on the new reduced face value of Rs. 7,873.25 per PTC.

Impact Justification

Affects specific PTC holders of TRINITY TRUST SEP 2025 with face value reduction following partial redemption. Limited to debt segment and specific security holders.