Description

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

Summary

KOLTE-PATIL DEVELOPERS LTD has announced part redemption of its non-convertible debentures with ISIN INE094I07080 (Code: 977231). The record date has been fixed as December 26, 2025, and trading will commence with reduced face value from the same date in settlement DR-785/2025-2026.

Key Points

  • Company: KOLTE-PATIL DEVELOPERS LTD (KPDL)
  • ISIN: INE094I07080
  • Scrip Code: 977231 (KPDL-15-10-35-PVT)
  • Record Date: December 26, 2025
  • Purpose: Part Redemption of Non-Convertible Debentures
  • Redemption Amount: Rs. 98,974/- per Debenture
  • Effective Date: December 26, 2025
  • Settlement Number: DR-785/2025-2026
  • Notice Number: 20251224-13
  • Segment: Debt

Regulatory Changes

No regulatory framework changes. This is a corporate action notification for part redemption of existing debentures.

Compliance Requirements

  • Trading members must note that trading in the debentures will be conducted with reduced face value effective from December 26, 2025
  • Members should update their systems to reflect the reduced face value for the specified debentures
  • The debentures will trade ex-redemption from the effective date

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

This part redemption will result in a reduction of the outstanding face value of the debentures. Debenture holders on record as of December 26, 2025, will receive Rs. 98,974/- per debenture as part redemption. Post-redemption, the debentures will continue to trade at the reduced face value. The impact is limited to holders of these specific non-convertible debentures and will affect the valuation and trading of these debt instruments going forward.

Impact Justification

Part redemption of debentures affects debt holders with specific impact on debenture trading and valuation. Medium impact as it pertains to debt instruments rather than equity.