Description

VR Dakshin Private Limited announces part redemption of three series of non-convertible debentures with reduced face value effective December 29, 2025.

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, with trading in these debentures to commence with reduced face value from the same date. All three debenture series will have their face value reduced to Rs. 94,750 per debenture.

Key Points

  • Three debenture series affected: TBILL+SPREAD (INE084S07049), 10.70% fixed rate (INE084S07031), and MIBOR+SPREAD (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
  • Settlement number: DR-786/2025-2026
  • Issuer: VR Dakshin Private Limited (private placement)

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
  • Trading in the debentures will be conducted with the new reduced face value of Rs. 94,750 per debenture from the effective date
  • Debenture holders registered as of the record date (December 29, 2025) will be eligible for interest payment and part redemption

Important Dates

  • Notice Date: December 23, 2025
  • Record Date: December 29, 2025
  • Effective Date of Reduced Face Value: December 29, 2025
  • Settlement Number: DR-786/2025-2026

Impact Assessment

Market Impact: Low - affects only holders of privately placed debentures of VR Dakshin Private Limited.

Operational Impact: Minimal - trading members need to update their systems to reflect the reduced face value from December 29, 2025.

Investor Impact: Positive for debenture holders who will receive partial redemption proceeds and interest payment; reduced face value reflects the partial redemption, maintaining proportional ownership for remaining tenure until maturity on March 31, 2035.

Impact Justification

Routine corporate action affecting private limited company debentures with limited market impact; affects only specific debenture holders of VR Dakshin Private Limited