Description

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

Summary

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

Key Points

  • Three debenture series of Lodha Developers Ltd are undergoing part redemption with revised face values
  • LDL-Reset Rate-21-01-28-PVT (Scrip Code: 976923, ISIN: INE670K07307): Reduced face value of Rs. 87,627/- per debenture
  • LDL-TBILLS-13-11-28-PVT (Scrip Code: 977293, ISIN: INE670K07349): Reduced face value of Rs. 95,795/- per debenture
  • LDL-8.14%-5-6-28-PVT (Scrip Code: 976764, ISIN: INE670K07281): Reduced face value of Rs. 80,000/- per debenture
  • This is a revision to the earlier notice dated January 08, 2025
  • Reference number: DR-812/2025-2026

Regulatory Changes

No regulatory framework changes. This is a corporate action notification regarding debt securities.

Compliance Requirements

  • Trading members must note the revised reduced face values for the three debenture series
  • Trading members must ensure that the debentures are traded with the revised face values from the effective date
  • All transactions from February 03, 2026 onwards must reflect the new face values

Important Dates

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

Impact Assessment

Market Impact: Medium - affects holders and traders of three specific Lodha Developers debenture series in the debt market segment.

Operational Impact: Trading members must update their systems to reflect the revised face values for these three debenture series. The part redemption reduces the principal amount outstanding on these debt instruments, which affects valuation, pricing, and settlement calculations. Debenture holders will receive partial repayment while continuing to hold the securities with reduced face values.

Impact Justification

Affects three debenture series with revised face values; important for debt market participants holding these securities but limited to specific debt instruments.