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. The company has set February 8, 2026 as the record date for determining eligible debenture holders. Trading in the debentures will commence with reduced face value of Rs. 16,666.65 per debenture effective from February 6, 2026.
Key Points
- Company: NEOGROWTH CREDIT PRIVATE LIMITED
- ISIN: INE814O07519
- Security Code: 975686
- Purpose: Part Redemption of Non-Convertible Debentures
- Reduced Face Value: Rs. 16,666.65 per debenture
- Trading with reduced face value begins February 6, 2026
- Settlement Number: DR-815/2025-2026
Regulatory Changes
No regulatory framework changes. This is a standard corporate action for debt securities.
Compliance Requirements
- Trading members must note that trading in the debentures will be conducted with reduced face value effective from February 6, 2026
- Debenture holders as on the record date will be eligible for part redemption
- Trading members should update their systems to reflect the reduced face value
Important Dates
- Notice Date: January 27, 2026
- Effective Date for Reduced Face Value: February 6, 2026
- Record Date: February 8, 2026
- Settlement Number: DR-815/2025-2026
Impact Assessment
Market Impact: Medium - affects only holders of this specific debenture series
Operational Impact: Trading members need to update their systems to reflect the reduced face value from February 6, 2026. Debenture holders will receive partial redemption proceeds while retaining securities with reduced face value. This is a routine corporate action for debt securities with limited broader market implications.
Impact Justification
Routine corporate action affecting debenture holders with specific record and effective dates for part redemption with reduced face value