Description
SANSAR TRUST announces partial redemption of three PTC series with reduced face values effective January 09, 2025.
Summary
SANSAR TRUST - SERIES A1 has announced partial redemption of three Pass Through Certificate (PTC) series, resulting in reduced face values. The changes will be effective from January 09, 2025. Trading members are required to note the new reduced face values for trading purposes.
Key Points
- Three PTC series under SANSAR TRUST are undergoing partial redemption
- SANSAR TRUST NOV 2023 IV (Scrip Code: 975244, ISIN: INE0SAI15015) - Reduced face value to Rs. 0.17 per PTC
- SANSAR JUNE 2024 TRUST (Scrip Code: 975807, ISIN: INE0YWN15017) - Reduced face value to Rs. 0.38 per PTC
- SANSAR AUG 2024 VII TRUST (Scrip Code: 976002, ISIN: INE14LF15016) - Reduced face value to Rs. 0.57 per PTC
- Trading members must use the updated face values for all transactions
- Notice issued under reference DR-795/2025-2026
Regulatory Changes
No regulatory changes. This is a standard corporate action notification for partial redemption of debt securities.
Compliance Requirements
- Trading members must update their systems with the new reduced face values
- All trading in these PTCs must reflect the revised face values from the effective date
- Members are required to take note of the changes and ensure accurate processing
Important Dates
- Notice Date: January 08, 2026
- Effective Date: January 09, 2025 (Note: There appears to be a discrepancy in the year mentioned in the circular content)
Impact Assessment
This is a routine corporate action with limited market impact. The partial redemption affects only specific PTC holders of SANSAR TRUST series. Trading members dealing in these specific debt instruments need to update their records with the new face values. No broader market implications or systemic changes are involved.
Impact Justification
Routine partial redemption of Pass Through Certificates affecting specific debt instruments with limited market-wide impact