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 part redemption of its non-convertible debentures (ISIN: INE094I07080, Code: 977231). The record date has been set for December 26, 2025, and trading in these debentures will commence with reduced face value from the same date.
Key Points
- Company: Kolte-Patil Developers Ltd
- Security: Non-Convertible Debentures (KPDL-15-10-35-PVT)
- ISIN: INE094I07080
- Scrip Code: 977231
- Reduced face value: Rs. 98,974 per debenture
- Trading with reduced face value starts: December 26, 2025
- Settlement number: DR-785/2025-2026
Regulatory Changes
No regulatory changes. This is a corporate action notification.
Compliance Requirements
- Trading members must note that trading in the debentures will be conducted with the reduced face value effective from December 26, 2025
- Trading members should inform their clients holding these debentures about the part redemption and reduced face value
Important Dates
- Record Date: December 26, 2025
- Effective Date for Reduced Face Value: December 26, 2025
- Settlement: DR-785/2025-2026
Impact Assessment
This part redemption affects holders of Kolte-Patil Developers Ltd non-convertible debentures. The face value will be reduced to Rs. 98,974 per debenture, indicating a partial return of principal to debenture holders. Trading members and investors holding these securities need to adjust their records and portfolios accordingly. The impact is limited to holders of this specific debt instrument.
Impact Justification
Affects debenture holders of specific company through part redemption reducing face value from original to Rs. 98,974 per debenture