Description

KOLTE-PATIL DEVELOPERS LTD has fixed record date for part redemption of non-convertible debentures with reduced face value effective December 26, 2025.

Summary

KOLTE-PATIL DEVELOPERS LTD has announced a part redemption of its Non-Convertible Debentures (ISIN: INE094I07080, Code: 977231). Trading members are informed that trading in these debentures will be conducted with a reduced face value effective from December 26, 2025.

Key Points

  • Issuer: KOLTE-PATIL DEVELOPERS LTD
  • ISIN: INE094I07080 (Code: 977231)
  • Debenture Series: KPDL-15-10-35-PVT
  • Record Date: December 26, 2025
  • Effective Date: December 26, 2025
  • Settlement Number: DR-785/2025-2026
  • Reduced Face Value: Rs. 98,974/- per Debenture
  • Segment: Debt

Regulatory Changes

No regulatory framework changes. This is a corporate action following standard part redemption procedures for non-convertible debentures.

Compliance Requirements

  • Trading Members must note the reduced face value for the specified debentures
  • Trading in the debentures will reflect the reduced face value from the effective date
  • All trading and settlement activities must account for the new face value of Rs. 98,974/- per debenture

Important Dates

  • Notice Date: December 24, 2025
  • Record Date: December 26, 2025
  • Effective Date for Reduced Face Value: December 26, 2025
  • Settlement Number: DR-785/2025-2026

Impact Assessment

Market Impact: Medium - Affects holders of specific debenture series (KPDL-15-10-35-PVT) with reduced face value per debenture. Part redemption results in return of capital to debenture holders while reducing the outstanding principal amount.

Operational Impact: Trading members must update their systems to reflect the new reduced face value of Rs. 98,974/- per debenture for all transactions from December 26, 2025 onwards. Settlement processes must account for the reduced face value in the specified settlement number.

Impact Justification

Part redemption of debentures affects debt security holders with specific face value reduction. Limited to specific ISIN holders only.