Description
BSE notifies part redemption of non-convertible debentures for three series of Kolte-Patil Developers Ltd with reduced face values effective December 31, 2025.
Summary
BSE has announced that Kolte-Patil Developers Ltd will undertake part redemption of three series of non-convertible debentures. The record date is set as December 31, 2025, and trading in these debentures will commence with reduced face values from the same date under settlement DR-788/2025-2026.
Key Points
- Three debenture series of Kolte-Patil Developers Ltd are subject to part redemption
- KPDL-ZC-17-4-33-PVT (INE094I07049): Face value reduced to Rs. 62,578 per debenture
- KPDL-21-12-33-PVT (INE094I07064): Face value reduced to Rs. 62,138 per debenture
- KPDL-ZC-20-9-34-PVT (INE094I07072): Face value reduced to Rs. 64,790 per debenture
- Trading members are notified to account for reduced face values in trading operations
Regulatory Changes
No regulatory changes introduced. This is a standard corporate action notification.
Compliance Requirements
- Trading members must ensure that trading in the affected debentures reflects the reduced face values from December 31, 2025
- Members must update their systems to account for the new face values effective from settlement DR-788/2025-2026
Important Dates
- Record Date: December 31, 2025
- Effective Date for Reduced Face Value: December 31, 2025
- Settlement Number: DR-788/2025-2026
Impact Assessment
This corporate action has limited market impact as it affects only specific debenture holders of Kolte-Patil Developers Ltd. The part redemption is a standard debt management activity by the issuer. Trading members dealing in these specific debt instruments need to ensure their systems reflect the updated face values. The action does not affect equity shareholders or broader market operations.
Impact Justification
Routine corporate action affecting specific debt instruments of one company with minimal market-wide impact