Description

GRAND HILLS DEVELOPMENTS PRIVATE LIMITED has fixed record date for payment of interest and part redemption of non-convertible debentures. Trading in debentures will be with reduced face value effective January 16, 2026.

Summary

GRAND HILLS DEVELOPMENTS PRIVATE LIMITED has announced part redemption of its non-convertible debentures along with interest payment. The record date has been fixed as January 16, 2026. Following the part redemption, the face value of the debentures will be reduced to Rs. 89,688 per debenture, effective from January 16, 2026 (Settlement No. DR-800/2025-2026).

Key Points

  • Company: GRAND HILLS DEVELOPMENTS PRIVATE LIMITED
  • Security Code: 977285
  • ISIN: INE0DWX08015
  • Debenture Series: GHDPL-RESET RATE-31-10-29-PVT
  • Record Date: January 16, 2026
  • Purpose: Part redemption of debentures and payment of interest
  • Reduced Face Value: Rs. 89,688 per debenture
  • Effective Date: January 16, 2026
  • Settlement Number: DR-800/2025-2026

Regulatory Changes

No regulatory changes introduced by this circular. This is a routine corporate action notification.

Compliance Requirements

  • Trading members must note that trading in the debentures will be conducted with the reduced face value effective from January 16, 2026
  • The debentures will trade ex-interest and ex-redemption amount from the effective date
  • Settlement will reflect the reduced face value from Settlement No. DR-800/2025-2026 onwards

Important Dates

  • Notice Date: January 9, 2026
  • Record Date: January 16, 2026
  • Effective Date for Reduced Face Value: January 16, 2026
  • Settlement Number: DR-800/2025-2026

Impact Assessment

This circular has minimal market impact as it pertains to privately placed debentures of a private limited company. The part redemption is a standard corporate action that reduces the outstanding principal amount of the debenture issue. Debenture holders on record as of January 16, 2026 will receive the redemption proceeds and interest payment. Post-redemption, the debentures will continue to trade with the reduced face value of Rs. 89,688 per debenture. Trading members need to update their systems to reflect the new face value for proper valuation and settlement.

Impact Justification

Routine corporate action affecting privately placed debentures of a private limited company with limited market impact. Standard part redemption process with clear record date and reduced face value notification.