Description
RAMCO INDUSTRIES LTD announces part redemption of debentures with record date January 23, 2026, reducing face value to Rs. 70,000 per debenture.
Summary
RAMCO INDUSTRIES LTD has fixed January 23, 2026 as the record date for part redemption of its Non-Convertible Debentures (ISIN: INE614A07033, Code: 976391) and payment of interest. Trading in these debentures will commence with reduced face value from the effective date.
Key Points
- Company: RAMCO INDUSTRIES LTD
- ISIN: INE614A07033
- BSE Code: 976391 (RMIL-7.60%-7-2-28-PVT)
- Record Date: January 23, 2026
- Purpose: Part redemption of debentures and payment of interest
- Reduced Face Value: Rs. 70,000 per debenture
- Effective Date: January 23, 2026
- Settlement Number: DR-805/2025-2026
Regulatory Changes
No regulatory changes introduced. This is a corporate action notification for existing debenture instruments.
Compliance Requirements
- Trading Members must note that trading in the debentures will be with reduced face value effective from January 23, 2026
- Debenture holders as on record date (January 23, 2026) will be eligible for interest payment and part redemption
Important Dates
- Record Date: January 23, 2026
- Effective Date for Reduced Face Value Trading: January 23, 2026
- Settlement Number: DR-805/2025-2026
Impact Assessment
This part redemption reduces the outstanding face value of RAMCO INDUSTRIES debentures to Rs. 70,000 per debenture. Debenture holders will receive partial capital repayment along with interest. Trading members and investors must adjust their positions and valuations to reflect the reduced face value from January 23, 2026 onwards. The action affects debt market participants holding or trading RAMCO INDUSTRIES’ 7.60% debentures maturing in 2028.
Impact Justification
Part redemption affects debenture holders of RAMCO INDUSTRIES with specific record date and face value reduction, impacting debt market trading from January 23, 2026