Description

FRIEZA 06 2025 announces part redemption of PTCs with reduced face value effective January 30, 2026, with record date set for February 1, 2026.

Summary

BSE has notified that FRIEZA 06 2025 (INE26SJ15017) has fixed a record date for part redemption of Pass Through Certificates (PTCs) and payment of interest. The face value of the PTCs will be reduced to Rs. 0.53 per PTC, effective from January 30, 2026. Trading in these securities will commence with the reduced face value from the effective date.

Key Points

  • Security: FRIEZA 06 2025 (Code: 976876, ISIN: INE26SJ15017)
  • Record Date: February 1, 2026
  • Purpose: Part redemption of PTCs and payment of interest
  • Reduced Face Value: Rs. 0.53 per PTC
  • Effective Date of Reduced Face Value: January 30, 2026
  • Settlement Number: DR-809/2025-2026
  • Segment: Debt
  • Category: Corporate Actions

Regulatory Changes

No new regulatory changes introduced. This is a routine corporate action notice for debt securities.

Compliance Requirements

  • Trading members must note that trading in FRIEZA 06 2025 PTCs will be conducted with the reduced face value of Rs. 0.53 per PTC from January 30, 2026
  • Members should update their systems to reflect the new face value before the effective date
  • Ensure proper settlement under DR-809/2025-2026

Important Dates

  • January 20, 2026: Notice date
  • January 30, 2026: Effective date for trading with reduced face value (Settlement No. DR-809/2025-2026)
  • February 1, 2026: Record date for part redemption and interest payment

Impact Assessment

This part redemption will impact holders of FRIEZA 06 2025 PTCs. The significant reduction in face value to Rs. 0.53 per PTC indicates a substantial partial redemption amount being returned to investors. Trading members need to ensure their systems are updated to reflect the new face value before trading commences on January 30, 2026. The interest payment accompanying the redemption provides additional cash flow to PTC holders.

Impact Justification

Part redemption of PTCs with significant face value reduction from original to Rs. 0.53 per PTC, affecting debt instrument holders with specific record and effective dates.