Description

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

Summary

BSE has issued a revised notice regarding the part redemption of three debenture series of Lodha Developers Ltd. This notice updates the previously communicated reduced face values (from January 08, 2025 notice) with actual revised values. The updated face values will be effective for trading from February 03, 2026.

Key Points

  • Revision to Exchange Notice No. 20260108-22 dated January 08, 2025
  • Three debenture series affected with scrip codes: 976923, 976764, and 977293
  • Updated reduced face values provided by the company
  • Trading with revised face values begins February 03, 2026
  • Notice reference: DR-812/2025-2026

Debenture Details

Series 1: LDL-Reset Rate-21-01-28-PVT

  • ISIN: INE670K07307
  • Scrip Code: 976923
  • Reduced Face Value: Rs. 87,627 per debenture

Series 2: LDL-TBILLS-13-11-28-PVT

  • ISIN: INE670K07349
  • Scrip Code: 977293
  • Reduced Face Value: Rs. 95,795 per debenture

Series 3: LDL-8.14%-5-6-28-PVT

  • ISIN: INE670K07281
  • Scrip Code: 976764
  • Reduced Face Value: Rs. 80,000 per debenture

Compliance Requirements

  • Trading members must note the revised reduced face values
  • All trading in these debentures must reflect the updated face values from the effective date
  • Trading members required to take note of the changes

Important Dates

  • Original Notice Date: January 08, 2025
  • Revision Notice Date: February 02, 2026
  • Effective Date for Trading: February 03, 2026

Impact Assessment

Market Impact: Medium - The revision of face values affects three debenture series and requires trading members to update their systems and records with the corrected values.

Investor Impact: Debenture holders of the three affected series will see their holdings adjusted to the revised reduced face values, which differ from the initially communicated values.

Operational Impact: Trading members need to ensure their trading systems reflect the correct reduced face values before trading commences on February 03, 2026.

Impact Justification

Revision to previously announced part redemption affects three debenture series with specific reduced face values; impacts debt security holders and trading members