Description

Revised reduced face values for part redemption of three debenture series of Lodha Developers Ltd effective from February 03, 2026.

Summary

BSE has issued a revised notice regarding the part redemption of three debenture series of Lodha Developers Ltd. This notice supersedes the earlier communication dated January 08, 2025 (Notice No. 20260108-22) and provides updated reduced face values for the debentures. The revised face values will be effective from February 03, 2026.

Key Points

  • Revision to previously announced part redemption for three debenture series
  • Scrip Code 976923 (LDL-Reset Rate-21-01-28-PVT, INE670K07307): Reduced face value of Rs. 87,627/- per debenture
  • Scrip Code 977293 (LDL-TBILLS-13-11-28-PVT, INE670K07349): Reduced face value of Rs. 95,795/- per debenture
  • Scrip Code 976764 (LDL-8.14%-5-6-28-PVT, INE670K07281): Reduced face value of Rs. 80,000/- per debenture
  • Debentures will trade at revised reduced face values from February 03, 2026
  • Reference: DR-812/2025-2026

Regulatory Changes

No regulatory framework changes. This is a revision to a previously announced corporate action with updated redemption parameters.

Compliance Requirements

  • Trading members must note the revised reduced face values for the three debenture series
  • All trading in these debentures from February 03, 2026 onwards must reflect the new reduced face values
  • Trading members should update their systems and records accordingly

Important Dates

  • Notice Date: February 02, 2026
  • Effective Date for Trading at Reduced Face Value: February 03, 2026
  • Previous Notice Reference: January 08, 2025 (Notice No. 20260108-22)

Impact Assessment

Market Impact: Medium - affects holders of three specific debenture series of Lodha Developers Ltd. The revised face values indicate the actual post-redemption values at which the securities will trade.

Operational Impact: Trading members need to update their systems to reflect the corrected reduced face values. Debenture holders will see their holdings valued at the new reduced face values post the part redemption effective February 03, 2026.

Issuer: Lodha Developers Ltd Segment: Debt Market Category: Corporate Actions

Impact Justification

Revised face values for debenture redemption affecting three scrip codes; impacts existing debenture holders but limited to specific debt instruments