Description

BSE announces part redemption of non-convertible debentures of IOT UTKAL ENERGY SERVICES LIMITED with reduced face values effective January 13, 2026.

Summary

BSE has notified that IOT UTKAL ENERGY SERVICES LIMITED will conduct part redemption of its non-convertible debentures. Trading in the affected debentures will commence with reduced face values from January 13, 2026. Two series of debentures are affected: INE310L07AB7 with reduced face value of Rs. 57,627.12 per debenture and INE310L07AE1 with reduced face value of Rs. 19,680 per debenture.

Key Points

  • Two debenture series of IOT UTKAL ENERGY SERVICES LIMITED undergoing part redemption
  • ISIN INE310L07AB7 (Code: 950205) - New face value: Rs. 57,627.12 per debenture
  • ISIN INE310L07AE1 (Code: 952676, IOT-9.02%-20-10-28-PVT) - New face value: Rs. 19,680 per debenture
  • Trading with reduced face value begins January 13, 2026
  • Settlement number: DR-797/2025-2026

Regulatory Changes

No regulatory framework changes. This is a standard corporate action notification for debt securities part redemption.

Compliance Requirements

  • Trading members must note the reduced face values effective from January 13, 2026
  • All trading in these debentures must reflect the new face values from the effective date
  • Members should update their systems to reflect the reduced face values for settlement DR-797/2025-2026

Important Dates

  • Notice Date: January 7, 2026 (issued January 5, 2026)
  • Record Date: January 13, 2026
  • Effective Date for Reduced Face Value: January 13, 2026
  • Settlement Number: DR-797/2025-2026

Impact Assessment

This part redemption impacts holders of IOT UTKAL ENERGY SERVICES LIMITED debentures. The significant reduction in face values (particularly for INE310L07AB7) indicates substantial principal repayment to debenture holders. Trading members dealing in these debt securities must update their systems and processes to reflect the new face values. The action is limited to specific debenture holders and does not have broader market implications beyond the debt segment.

Impact Justification

Part redemption affects specific debenture holders of IOT UTKAL ENERGY SERVICES LIMITED with reduced face values, impacting debt market segment trading.