Description
Suruchi Properties Pvt Ltd announces partial redemption of debentures INE217T07027, reducing face value to Rs. 94,710 per debenture effective February 1, 2026.
Summary
Suruchi Properties Pvt Ltd has informed BSE about the partial redemption of its debentures (ISIN: INE217T07027, Scrip Code: 976775). Following the partial redemption, the reduced face value per debenture will be Rs. 94,710. The debentures will trade with the new reduced face value from February 1, 2026.
Key Points
- Company: SURUCHI PROPERTIES PVT LTD
- Debenture ISIN: INE217T07027
- Scrip Code: SPPL-10%-11-6-28-PVT (976775)
- Reduced Face Value: Rs. 94,710 per debenture
- Effective trading date with new face value: February 1, 2026
- Notice Reference: DR-810/2025-2026
Regulatory Changes
No regulatory framework changes. This is a standard corporate action involving partial redemption of debt securities.
Compliance Requirements
- Trading members must note the reduced face value for the specified debentures
- All trades from February 1, 2026 onwards must reflect the new face value of Rs. 94,710 per debenture
- Trading members should update their systems accordingly
Important Dates
- Notice Date: January 30, 2026
- Effective Date for Trading with Reduced Face Value: February 1, 2026
Impact Assessment
This is a routine corporate action with minimal market impact. The partial redemption affects only the specific debenture series of Suruchi Properties Pvt Ltd. Debenture holders will receive partial redemption proceeds while continuing to hold debentures at the reduced face value. Trading members need to ensure their systems reflect the updated face value for accurate trading and settlement.
Impact Justification
Routine corporate action affecting a single privately placed debenture series with limited market impact