Description
KRAZYBEE SERVICES LTD announces part redemption of non-convertible debentures with reduced face value of Rs. 50,000 per debenture effective January 23, 2026.
Summary
KRAZYBEE SERVICES LTD has announced part redemption of its Non-Convertible Debentures (ISIN: INE07HK07759, Code: KSL-11.82%-09-11-26-PVT/975794) along with interest payment. The record date for determining eligible debenture holders is January 24, 2026. Trading in these debentures will commence with a reduced face value of Rs. 50,000 per debenture effective from January 23, 2026.
Key Points
- Company: KRAZYBEE SERVICES LTD
- ISIN: INE07HK07759
- Security Code: 975794 (KSL-11.82%-09-11-26-PVT)
- Record Date: January 24, 2026
- Purpose: Part redemption of debentures and payment of interest
- Reduced Face Value: Rs. 50,000 per debenture
- Effective Date of Reduced Face Value: January 23, 2026
- Settlement Number: DR-805/2025-2026
- Notice Number: 20260119-35
- Segment: Debt
Regulatory Changes
No new regulatory changes introduced. This is a standard corporate action notification for part redemption of debentures.
Compliance Requirements
- Trading Members must note that trading in the debentures will be conducted with reduced face value from the effective date
- The reduced face value of Rs. 50,000 per debenture becomes applicable from January 23, 2026 (settlement DR-805/2025-2026)
- Debenture holders as of the record date (January 24, 2026) will be eligible for interest payment and part redemption proceeds
Important Dates
- January 19, 2026: Notice Date
- January 23, 2026: Effective date for trading with reduced face value (Settlement DR-805/2025-2026)
- January 24, 2026: Record Date for determining eligibility for interest payment and part redemption
Impact Assessment
This corporate action has moderate impact limited to holders of KRAZYBEE SERVICES LTD debentures. The part redemption will return capital to debenture holders while reducing the outstanding debt of the company. Trading members dealing in these debentures must ensure their systems reflect the reduced face value from the effective date to avoid settlement issues. The action demonstrates the company’s ability to service its debt obligations, which is positive for debt market participants.
Impact Justification
Part redemption of debentures with face value reduction affects debenture holders but is a standard corporate action with limited market-wide impact