Description

IOT UTKAL ENERGY SERVICES LIMITED has fixed record date of January 13, 2026 for part redemption of non-convertible debentures with reduced face values effective from the same date.

Summary

IOT UTKAL ENERGY SERVICES LIMITED has announced part redemption of its non-convertible debentures with record date set for January 13, 2026. Two series of debentures (ISIN: INE310L07AB7 and INE310L07AE1) will trade with reduced face values effective from January 13, 2026 under settlement DR-797/2025-2026.

Key Points

  • Part redemption of non-convertible debentures of IOT UTKAL ENERGY SERVICES LIMITED
  • Two debenture series affected: 1063IOT28D (INE310L07AB7) and IOT-9.02%-20-10-28-PVT (INE310L07AE1)
  • Scrip codes: 950205 and 952676 respectively
  • Trading will continue with reduced face values from effective date
  • Circular issued by Marian Dsouza, Assistant Vice President – Listing Compliance and Operations

Regulatory Changes

No regulatory changes. This is a corporate action notification for part redemption of debentures in accordance with existing regulations.

Compliance Requirements

  • Trading members must note that debentures will trade with reduced face values from the effective date
  • No trading restrictions imposed, only face value adjustment
  • Settlement under DR-797/2025-2026

Important Dates

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

Impact Assessment

Debenture Series 1 (1063IOT28D - INE310L07AB7)

  • Reduced face value: Rs. 57,627.12 per debenture

Debenture Series 2 (IOT-9.02%-20-10-28-PVT - INE310L07AE1)

  • Reduced face value: Rs. 19,680 per debenture

The part redemption reduces the outstanding face value of these debentures. Debenture holders will receive partial payment on the record date, and subsequent trading will reflect the reduced principal amounts. This is a standard corporate action with moderate impact limited to holders of these specific debt instruments.

Impact Justification

Part redemption affects debenture holders of IOT UTKAL with specific face value reductions. Impact limited to debt security holders of this issuer.