Description

BSE notifies trading members about part redemption of three series of non-convertible debentures of Kolte-Patil Developers Ltd with reduced face values effective December 31, 2025.

Summary

BSE has issued a notice regarding part redemption of non-convertible debentures of KOLTE-PATIL DEVELOPERS LTD. The company has fixed December 31, 2025 as the record date for part redemption of three series of debentures. Trading in these debentures will commence with reduced face values effective from the record date.

Key Points

  • Three series of non-convertible debentures are subject to part redemption
  • Record date fixed as December 31, 2025
  • Trading with reduced face values begins from December 31, 2025
  • Settlement number: DR-788/2025-2026
  • KPDL-ZC-17-4-33-PVT (INE094I07049/974771): Face value reduced to Rs. 62,578 per debenture
  • KPDL-21-12-33-PVT (INE094I07064/975276): Face value reduced to Rs. 62,138 per debenture
  • KPDL-ZC-20-9-34-PVT (INE094I07072/976030): Face value reduced to Rs. 64,790 per debenture

Regulatory Changes

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

Compliance Requirements

  • Trading members must note the reduced face values for the three debenture series
  • Trading in the affected debentures will be conducted with reduced face values from the effective date
  • Members should update their systems to reflect the new face values from December 31, 2025

Important Dates

  • Notice Date: December 30, 2025
  • Record Date: December 31, 2025
  • Effective Date of Reduced Face Value: December 31, 2025
  • Settlement Number: DR-788/2025-2026

Impact Assessment

This circular has limited market impact as it affects only debenture holders of Kolte-Patil Developers Ltd. The part redemption is a routine corporate action that returns capital to debenture holders while reducing the outstanding face value of the instruments. Trading members dealing in these specific debt securities need to update their records to reflect the reduced face values. No impact on equity markets or broader debt market operations.

Impact Justification

Affects only specific debenture holders of one company; routine corporate action with limited market-wide impact