Description
Notice regarding part redemption and interest payment on debentures with reduced face value effective January 16, 2026.
Summary
BSE has notified trading members that GRAND HILLS DEVELOPMENTS PRIVATE LIMITED will conduct part redemption of its non-convertible debentures along with interest payment. The record date is set for January 16, 2026, with trading to commence with reduced face value from the same date.
Key Points
- Company: GRAND HILLS DEVELOPMENTS PRIVATE LIMITED
- Debenture Series: GHDPL-RESET RATE-31-10-29-PVT
- ISIN: INE0DWX08015 (Scrip Code: 977285)
- Record date for part redemption and interest payment: January 16, 2026
- Reduced face value: Rs. 89,688 per debenture
- Effective date for reduced face value trading: January 16, 2026
- Settlement number: DR-800/2025-2026
Regulatory Changes
No regulatory changes introduced. This is a standard corporate action notice.
Compliance Requirements
- Trading members must note that trading in the company’s debentures will be conducted with reduced face value from January 16, 2026
- All trades executed on or after the effective date must reflect the reduced face value of Rs. 89,688 per debenture
Important Dates
- January 9, 2026: Circular issue date
- January 16, 2026: Record date for part redemption and interest payment
- January 16, 2026: Effective date for trading with reduced face value (Settlement DR-800/2025-2026)
Impact Assessment
This circular has minimal market-wide impact as it pertains to a specific private limited company’s debt securities. Debenture holders will receive partial redemption proceeds and interest payments as per the record date. The reduced face value will be reflected in subsequent trading, affecting only investors holding these specific debentures. No broader market implications or systemic changes are anticipated.
Impact Justification
Routine debenture part redemption affecting a single private limited company with limited market-wide impact