Description
BSE notice regarding part redemption of non-convertible debentures with reduced face value effective December 26, 2025.
Summary
BSE has notified that KOLTE-PATIL DEVELOPERS LTD will undertake part redemption of its non-convertible debentures (ISIN: INE094I07080, Code: 977231). The record date is December 26, 2025, and trading in these debentures will commence with a reduced face value of Rs. 98,974 per debenture effective from the same date under settlement number DR-785/2025-2026.
Key Points
- Company: KOLTE-PATIL DEVELOPERS LTD
- Debenture Code: KPDL-15-10-35-PVT (977231)
- ISIN: INE094I07080
- Record Date: December 26, 2025
- Reduced Face Value: Rs. 98,974 per debenture
- Effective Date: December 26, 2025
- Settlement Number: DR-785/2025-2026
- Segment: Debt Market
Regulatory Changes
No regulatory framework changes. This is a standard corporate action notification for part redemption of debentures as per existing regulations.
Compliance Requirements
Trading members must:
- Note that trading in the debentures will be conducted with the reduced face value effective December 26, 2025
- Update their systems to reflect the new face value of Rs. 98,974 per debenture
- Ensure proper settlement processing under DR-785/2025-2026
Important Dates
- Notice Date: December 24, 2025
- Record Date: December 26, 2025
- Effective Date for Reduced Face Value Trading: December 26, 2025
- Settlement Number: DR-785/2025-2026
Impact Assessment
Debenture Holders: Holders of these specific debentures as of the record date will receive part redemption proceeds. Post-redemption, the face value reduces to Rs. 98,974 per debenture.
Trading Impact: Trading members need to adjust their systems for the reduced face value. This affects pricing, valuation, and settlement processes for these specific debentures.
Market Impact: Limited to holders and traders of this specific debt instrument. No broader market implications expected.
Impact Justification
Part redemption affects debenture holders of specific company; operational change requiring awareness but limited market-wide impact