Description
APCRDA bonds will undergo part redemption and interest payment with reduced face value of Rs. 100,000 per bond effective January 30, 2026.
Summary
Andhra Pradesh Capital Region Development Authority (APCRDA) has announced part redemption of bonds along with interest payment. Trading in these bonds will commence with reduced face value effective January 30, 2026, following the record date of February 1, 2026.
Key Points
- ISIN: INE01E708032 (Code: 958178)
- Record Date: February 1, 2026
- Purpose: Part redemption of bonds and payment of interest
- Reduced face value: Rs. 100,000 per bond
- Effective date for trading with reduced face value: January 30, 2026
- Settlement number: DR-809/2025-2026
Regulatory Changes
No regulatory changes introduced. This is a standard corporate action for bond redemption.
Compliance Requirements
- Trading members must ensure bonds are traded with reduced face value from January 30, 2026
- Trading members should note the record date of February 1, 2026 for determining eligible bondholders
- Bondholders as on record date will receive interest payment and partial redemption proceeds
Important Dates
- January 21, 2026: Circular issued
- January 30, 2026: Effective date for trading with reduced face value (Settlement DR-809/2025-2026)
- February 1, 2026: Record date for interest payment and part redemption
Impact Assessment
Market Impact: Medium - Affects bondholders of APCRDA bonds specifically. Trading will continue with reduced face value.
Investor Impact: Bondholders as on the record date will receive partial principal repayment and interest, reducing their overall exposure to these bonds. The reduced face value reflects the partial redemption of principal amount.
Operational Impact: Trading members need to update their systems to reflect the reduced face value effective from January 30, 2026.
Impact Justification
Part redemption of bonds with reduced face value affects debt security holders of APCRDA. Standard corporate action with specific impact on bondholders.