Description
RAMCO INDUSTRIES LTD announces part redemption of non-convertible debentures with record date January 23, 2026, reducing face value to Rs. 70,000 per debenture.
Summary
RAMCO INDUSTRIES LTD has announced part redemption of its non-convertible debentures (ISIN: INE614A07033, Code: 976391) along with interest payment. The record date is set as January 23, 2026, and trading in these debentures will commence with reduced face value effective from the same date.
Key Points
- Security: RAMCO INDUSTRIES LTD 7.60% Debentures maturing on February 7, 2028
- ISIN: INE614A07033
- Scrip Code: 976391
- Corporate action involves both part redemption and interest payment
- Reduced face value: Rs. 70,000 per debenture (post-redemption)
- Settlement number: DR-805/2025-2026
Regulatory Changes
No regulatory framework changes. This is a standard corporate action for debt securities as per existing regulations.
Compliance Requirements
- Trading members must note the reduced face value effective from January 23, 2026
- All trading in these debentures from the effective date onwards will be at the new face value of Rs. 70,000 per debenture
- Members should update their systems to reflect the changed face value
Important Dates
- Record Date: January 23, 2026 - For determining eligible debenture holders for interest payment and part redemption
- Effective Date: January 23, 2026 - Trading with reduced face value begins
- Settlement: DR-805/2025-2026
Impact Assessment
This corporate action has moderate impact limited to holders of RAMCO INDUSTRIES LTD debentures in the debt segment. The part redemption will return capital to debenture holders while reducing the outstanding principal amount. Trading members dealing in these securities need to update their systems to reflect the new face value. The action does not affect equity markets or broader market operations.
Impact Justification
Part redemption of debentures affects specific debenture holders with reduced face value, limited to debt segment participants.