Description

BSE notifies part redemption of four series of non-convertible debentures issued by KOLTE-PATIL DEVELOPERS LTD with record date January 16, 2026 and revised face values effective from the same date.

Summary

BSE has issued a notice regarding the part redemption of non-convertible debentures of KOLTE-PATIL DEVELOPERS LTD. The company has fixed January 16, 2026 as the record date for determining debenture holders eligible for part redemption. Trading in these debentures will commence with reduced face values effective from January 16, 2026 under settlement number DR-800/2025-2026.

Key Points

  • Four series of non-convertible debentures are being partially redeemed
  • Record date for eligibility: January 16, 2026
  • Trading with reduced face value effective from: January 16, 2026
  • All four series will be settled under DR-800/2025-2026
  • Debentures are privately placed securities

Debenture Details

KPDL-ZC-17-4-33-PVT (INE094I07049, Code: 974771)

  • Reduced Face Value: Rs. 60,413 per Debenture

KPDL-21-12-33-PVT (INE094I07064, Code: 975276)

  • Reduced Face Value: Rs. 61,523 per Debenture

KPDL-ZC-20-9-34-PVT (INE094I07072, Code: 976030)

  • Reduced Face Value: Rs. 60,911 per Debenture

KPDL-15-10-35-PVT (INE094I07080, Code: 977231)

  • Reduced Face Value: Rs. 98,945 per Debenture

Regulatory Changes

No new regulatory changes introduced. This is a standard corporate action notice under existing debt market regulations.

Compliance Requirements

  • Trading members must note that trading in these debentures will be conducted with reduced face values effective from January 16, 2026
  • Debenture holders as of record date (January 16, 2026) will be eligible for part redemption
  • Trading members should update their systems to reflect the new face values for these securities

Important Dates

  • Notice Date: January 14, 2026
  • Record Date: January 16, 2026
  • Effective Date for Reduced Face Value: January 16, 2026
  • Settlement Number: DR-800/2025-2026

Impact Assessment

This is a routine corporate action affecting only holders of these specific privately placed debentures. The part redemption provides liquidity to debenture holders while allowing the company to reduce its debt obligations. The impact is limited to the debt segment and does not affect equity shares or broader market operations. Trading members need to update their systems to reflect the new face values to ensure accurate pricing and settlement.

Impact Justification

Routine part redemption of privately placed debentures affecting specific debt holders only, not equity investors or broader market operations