Description
TRINITY TRUST SEP 2025 announces partial redemption of Pass Through Certificates with reduced face value of Rs. 6985.55 per PTC effective January 22, 2025.
Summary
TRINITY TRUST SEP 2025 has informed BSE about the partial redemption of its Pass Through Certificates (PTCs), resulting in a reduced face value. The PTC with ISIN INE2JU715017 (Scrip Code: 977166) will now have a reduced face value of Rs. 6985.55 per PTC following the partial redemption. Trading members are required to trade these PTCs at the new reduced face value.
Key Points
- Security: TRINITY TRUST Sep 2025 TTS25-11.75%-21-9-27-PTC
- ISIN: INE2JU715017
- Scrip Code: 977166
- New reduced face value: Rs. 6985.55 per PTC
- Notice Reference: DR-804/2025-2026
- Segment: Debt
Regulatory Changes
No regulatory changes. This is a corporate action notification regarding partial redemption of debt securities.
Compliance Requirements
- Trading members must trade the PTCs of TRINITY TRUST SEP 2025 with the reduced face value of Rs. 6985.55 per PTC
- All trading members are required to take note of this change
- The new face value must be applied in all trading activities related to these PTCs
Important Dates
- Notice Date: January 21, 2026
- Effective Date: January 22, 2025 (PTCs will be traded with reduced face value from this date)
Impact Assessment
This partial redemption affects holders of TRINITY TRUST SEP 2025 PTCs by reducing the face value per certificate to Rs. 6985.55. The impact is specific to investors holding these particular PTCs. Trading members need to update their systems to reflect the new face value for accurate pricing and settlement. The change is limited to this specific debt instrument and does not have broader market implications.
Impact Justification
Partial redemption affects specific debt security holders with reduced face value. Limited impact to broader market but important for PTC holders and trading members.