Description
FRIEZA 06 2025 PTCs will undergo part redemption with reduced face value of Rs. 0.53 per PTC effective January 30, 2026.
Summary
BSE has announced that FRIEZA 06 2025 Pass Through Certificates (PTCs) will undergo part redemption along with interest payment. Trading members are notified that the PTCs will trade with a reduced face value of Rs. 0.53 per PTC effective January 30, 2026, with the record date set as February 1, 2026.
Key Points
- Security: FRIEZA 06 2025 (ISIN: INE26SJ15017, Code: 976876)
- Part redemption of PTCs accompanied by interest payment
- Reduced face value: Rs. 0.53 per PTC
- Notice category: Corporate Actions - Debt Segment
- Settlement number: DR-809/2025-2026
Regulatory Changes
No regulatory changes introduced. This is a standard corporate action notification for debt securities.
Compliance Requirements
- Trading members must note the reduced face value effective from January 30, 2026
- PTCs will trade with reduced face value from the effective date onwards
- Record date mechanics to be observed for interest payment and part redemption eligibility
Important Dates
- January 20, 2026: Circular issuance date
- January 30, 2026: Effective date for reduced face value trading (Settlement DR-809/2025-2026)
- February 1, 2026: Record date for interest payment and part redemption
Impact Assessment
This corporate action has limited market-wide impact as it affects only holders of FRIEZA 06 2025 PTCs. The part redemption reduces the outstanding face value to Rs. 0.53 per PTC, which will affect the trading price and yield calculations going forward. Trading members dealing in this security must update their systems to reflect the reduced face value from the effective date. The action is routine for debt securities approaching maturity or structured with periodic redemptions.
Impact Justification
Routine debt security corporate action affecting specific PTC holders with clear operational dates and reduced face value information.