Description

VR Dakshin Private Limited announces part redemption and interest payment on three series of non-convertible debentures with record date December 29, 2025, reducing face value to Rs. 94,750 per debenture.

Summary

VR Dakshin Private Limited has announced part redemption of three series of non-convertible debentures along with interest payment. The record date is set for December 29, 2025, and the debentures will trade with reduced face value of Rs. 94,750 per debenture effective from the same date in settlement DR-786/2025-2026.

Key Points

  • Three series of debentures affected: VRDPL-TBILL+SPREAD-31-3-35-PVT (INE084S07049), VDPL-10.70%-31-3-35-PVT (INE084S07031), and VDPL-MIBOR+SPREAD-31-3-35-PVT (INE084S07056)
  • Record date: December 29, 2025
  • Reduced face value: Rs. 94,750 per debenture for all three series
  • Purpose: Part redemption of debentures and payment of interest
  • Trading with reduced face value effective from December 29, 2025
  • Settlement number: DR-786/2025-2026

Regulatory Changes

No regulatory changes introduced. This is a standard corporate action notification.

Compliance Requirements

  • Trading members must note the reduced face value effective from December 29, 2025
  • Debentures will trade at the new face value of Rs. 94,750 from the effective date
  • Members should update their systems to reflect the changed face value

Important Dates

  • Notice Date: December 24, 2025 (Notice No. 20251224-36)
  • Record Date: December 29, 2025
  • Effective Date for Reduced Face Value: December 29, 2025
  • Settlement Number: DR-786/2025-2026

Impact Assessment

This corporate action has minimal market impact as it affects only holders of specific non-convertible debentures of VR Dakshin Private Limited, a private company. The part redemption reduces the outstanding principal amount, with the new face value set at Rs. 94,750 per debenture. Trading members dealing with these debt instruments need to adjust their records accordingly. The action is routine and does not indicate any financial distress or unusual corporate activity.

Impact Justification

Routine corporate action affecting only debenture holders of a private limited company with limited market impact