Description

SURUCHI PROPERTIES PVT LTD has fixed record date for part redemption of non-convertible debentures and payment of interest with reduced face value effective January 22, 2026.

Summary

BSE has notified that SURUCHI PROPERTIES PVT LTD has fixed January 22, 2026 as the record date for part redemption of its non-convertible debentures (ISIN: INE217T07027, Code: 976775) and payment of interest. Following the part redemption, the debentures will trade with a reduced face value of Rs. 94,710.33 per debenture effective from January 22, 2026 (Settlement No. DR-804/2025-2026).

Key Points

  • Company: SURUCHI PROPERTIES PVT LTD
  • Debenture Code: SPPL-10%-11-6-28-PVT (976775)
  • ISIN: INE217T07027
  • Record Date: January 22, 2026
  • Purpose: Part redemption of debentures and payment of interest
  • New Reduced Face Value: Rs. 94,710.33 per debenture
  • Effective Date: January 22, 2026
  • Settlement Number: DR-804/2025-2026
  • Notice Number: 20260121-10
  • Segment: Debt

Regulatory Changes

No regulatory changes. This is a standard corporate action notification for debt instruments.

Compliance Requirements

  • Trading members must note that trading in the debentures will be conducted with the reduced face value effective from January 22, 2026
  • Debenture holders on record as of January 22, 2026 will be eligible for part redemption proceeds and interest payment

Important Dates

  • Record Date: January 22, 2026
  • Effective Date for Reduced Face Value Trading: January 22, 2026
  • Settlement Number: DR-804/2025-2026

Impact Assessment

This is a routine debt corporate action with minimal market impact. The part redemption reduces the outstanding principal amount of the debentures, reflected in the reduced face value. Impact is limited to holders of this specific privately placed debenture series. Trading members dealing in these debentures need to update their systems to reflect the new face value for accurate pricing and settlement.

Impact Justification

Routine debt instrument part redemption affecting only specific debenture holders of a private limited company with limited market-wide impact