Description
SURUCHI PROPERTIES PVT LTD announces part redemption of debentures with reduced face value effective January 22, 2026.
Summary
SURUCHI PROPERTIES PVT LTD has announced part redemption of its Non-Convertible Debentures (ISIN: INE217T07027) along with interest payment. The record date is January 22, 2026, and trading will commence with reduced face value from the same date. The face value will be reduced to Rs. 94,710.33 per debenture.
Key Points
- Company: SURUCHI PROPERTIES PVT LTD
- ISIN: INE217T07027
- BSE Code: 976775 (SPPL-10%-11-6-28-PVT)
- Record Date: January 22, 2026
- Purpose: Part redemption of debentures and payment of interest
- Reduced Face Value: Rs. 94,710.33 per debenture
- Effective Date: January 22, 2026
- Settlement Number: DR-804/2025-2026
Regulatory Changes
No regulatory changes announced. This is a corporate action notice for existing debt securities.
Compliance Requirements
- Trading members must note that trading in these debentures will be conducted with the reduced face value from January 22, 2026
- Trading members should update their systems to reflect the new face value for settlement purposes
Important Dates
- Record Date: January 22, 2026 - Eligibility date for interest payment and part redemption
- Effective Date: January 22, 2026 - Trading commences with reduced face value
- Settlement: DR-804/2025-2026
Impact Assessment
This circular has limited market impact as it pertains to privately placed debentures of a private limited company. The part redemption reduces the outstanding principal amount, and debenture holders on record will receive both interest payment and partial principal repayment. Trading members need to update their systems to reflect the reduced face value for proper settlement and valuation.
Impact Justification
Routine debt redemption affecting privately placed debentures with limited market impact