Description
KOLTE-PATIL DEVELOPERS LTD has fixed record date of December 31, 2025 for part redemption of three series of non-convertible debentures with reduced face values effective from the same date.
Summary
KOLTE-PATIL DEVELOPERS LTD has announced part redemption of three series of non-convertible debentures with record date fixed as December 31, 2025. Trading in these debentures will commence with reduced face values effective from December 31, 2025 (Settlement No. DR-788/2025-2026). The three affected debenture series are KPDL-ZC-17-4-33-PVT, KPDL-21-12-33-PVT, and KPDL-ZC-20-9-34-PVT.
Key Points
- Three series of non-convertible debentures of KOLTE-PATIL DEVELOPERS LTD are being partially redeemed
- Record date for part redemption: December 31, 2025
- Trading with reduced face values effective from December 31, 2025
- Settlement number: DR-788/2025-2026
- Notice issued by BSE Listing Compliance and Operations
Regulatory Changes
No regulatory changes. This is a corporate action notice regarding part redemption of debt securities.
Compliance Requirements
Trading members must note that trading in the specified debentures will be conducted with reduced face values effective from December 31, 2025. Members should update their systems to reflect the new face values for the three debenture series.
Important Dates
- Notice Date: December 30, 2025
- Record Date: December 31, 2025
- Effective Date for Reduced Face Value: December 31, 2025
- Settlement Number: DR-788/2025-2026
Impact Assessment
Debenture Series Details:
KPDL-ZC-17-4-33-PVT (ISIN: INE094I07049, Code: 974771)
- Reduced Face Value: Rs. 62,578 per debenture
KPDL-21-12-33-PVT (ISIN: INE094I07064, Code: 975276)
- Reduced Face Value: Rs. 62,138 per debenture
KPDL-ZC-20-9-34-PVT (ISIN: INE094I07072, Code: 976030)
- Reduced Face Value: Rs. 64,790 per debenture
Market Impact: This corporate action affects holders of KOLTE-PATIL DEVELOPERS LTD debentures. The part redemption will reduce the outstanding principal amount for each series. Trading members and debenture holders must account for the reduced face values in their valuations and transactions from the effective date. The impact is limited to specific debt security holders and does not have broader market implications.
Impact Justification
Part redemption of three debenture series affecting debt security holders with face value reductions. Standard corporate action with limited market-wide impact but significant for specific debenture holders.