Description
Trinity Trust SEP 2025 announces partial redemption of Pass Through Certificates with reduced face value to Rs. 6985.55 per PTC, effective from January 22, 2025.
Summary
BSE has notified that TRINITY TRUST SEP 2025 has informed about the reduced face value per Pass Through Certificate (PTC) following a partial redemption. The PTC with ISIN INE2JU715017 and scrip code 977166 will have a reduced face value of Rs. 6985.55 per PTC, effective from January 22, 2025.
Key Points
- TRINITY TRUST SEP 2025 PTCs undergoing partial redemption
- ISIN: INE2JU715017
- Scrip Code: 977166
- New reduced face value: Rs. 6985.55 per PTC
- Interest rate: 11.75%
- Maturity date: September 21, 2027
- Trading with reduced face value starts from January 22, 2025
Regulatory Changes
No regulatory framework changes. This is a standard corporate action notification for partial redemption of debt securities.
Compliance Requirements
- Trading members must note the revised face value for TRINITY TRUST SEP 2025 PTCs
- All trades from January 22, 2025 onwards must reflect the reduced face value of Rs. 6985.55 per PTC
- Trading members should update their systems accordingly
Important Dates
- Notice Date: January 21, 2026 (Notice No: 20260121-9)
- Effective Date: January 22, 2025 - PTCs will trade with reduced face value
- Reference: DR-804/2025-2026
Impact Assessment
This partial redemption affects investors holding TRINITY TRUST SEP 2025 PTCs. The face value reduction from the original amount to Rs. 6985.55 per PTC indicates that a portion of the principal has been returned to investors. Trading members and investors must account for this reduced face value in all subsequent transactions and valuations. The impact is specific to holders of this particular PTC series and does not affect broader market operations.
Impact Justification
Partial redemption of PTCs impacts investors holding these securities with change in face value, but affects only specific debt instrument holders