Description
SYLVANUS PROPERTIES LIMITED has fixed record date for part redemption of non-convertible debentures with reduced face value of Rs. 40,000 per debenture effective January 19, 2026.
Summary
BSE has notified that SYLVANUS PROPERTIES LIMITED has fixed the record date for part redemption of its non-convertible debentures. Trading in the debentures will commence with reduced face value of Rs. 40,000 per debenture effective January 19, 2026.
Key Points
- Company: SYLVANUS PROPERTIES LIMITED
- ISIN: INE826M07038
- Security Code: 976314
- Coupon Rate: 13.50%
- Maturity: January 3, 2028
- Record Date: January 19, 2026
- Reduced Face Value: Rs. 40,000 per debenture
- Settlement Number: DR-801/2025-2026
Regulatory Changes
No regulatory changes introduced in this circular.
Compliance Requirements
- Trading members must note that trading in the debentures will be conducted with reduced face value effective from January 19, 2026
- Trading members should update their systems to reflect the new face value for settlement purposes
Important Dates
- Notice Date: January 14, 2026
- Record Date: January 19, 2026
- Effective Date of Reduced Face Value: January 19, 2026
- Settlement Number: DR-801/2025-2026
Impact Assessment
Market Impact: Medium - This part redemption affects holders of SYLVANUS PROPERTIES LIMITED’s non-convertible debentures in the debt segment. The reduction in face value to Rs. 40,000 per debenture will impact trading calculations and settlement obligations for trading members dealing in these securities. Debenture holders will receive partial redemption proceeds while continuing to hold securities with reduced principal amount until the maturity date of January 3, 2028.
Impact Justification
Part redemption affects debenture holders of SYLVANUS PROPERTIES LIMITED with reduced face value from original to Rs. 40,000 per debenture, impacting debt segment trading