Description

NEOGROWTH CREDIT PRIVATE LIMITED has fixed record date for part redemption of non-convertible debentures with reduced face value effective from February 6, 2026.

Summary

NEOGROWTH CREDIT PRIVATE LIMITED has announced part redemption of its non-convertible debentures (ISIN: INE814O07519, Code: 975686). The debentures will trade with a reduced face value of Rs.16,666.65 per debenture effective from February 6, 2026, with settlement number DR-815/2025-2026.

Key Points

  • Company: NEOGROWTH CREDIT PRIVATE LIMITED
  • Security Code: 975686
  • ISIN: INE814O07519
  • Instrument: 12% Non-Convertible Debentures maturing 23-5-26
  • Purpose: Part Redemption of Debentures
  • Reduced Face Value: Rs.16,666.65 per debenture
  • Record Date: February 8, 2026
  • Effective Date: February 6, 2026
  • Settlement Number: DR-815/2025-2026

Regulatory Changes

No regulatory changes. This is a corporate action related to debt securities management.

Compliance Requirements

  • Trading members must note that trading in the debentures will be conducted with the reduced face value effective from February 6, 2026
  • All trading and settlement activities must reflect the new face value from the effective date
  • Record date for redemption eligibility is February 8, 2026

Important Dates

  • Notice Date: January 27, 2026 (Notice issued January 22, 2026)
  • Effective Date: February 6, 2026 (Trading with reduced face value begins)
  • Record Date: February 8, 2026 (Eligibility for part redemption)

Impact Assessment

Market Impact: Medium - Affects holders of specific debentures of NEOGROWTH CREDIT PRIVATE LIMITED. The part redemption reduces the outstanding face value per debenture to Rs.16,666.65.

Operational Impact: Trading members must update their systems to reflect the reduced face value for trading and settlement purposes from the effective date. This is a standard corporate action for debt securities and should not cause significant operational disruption.

Impact Justification

Routine debt instrument redemption affecting specific debenture holders of NEOGROWTH CREDIT PRIVATE LIMITED, with clear record date and reduced face value parameters.