Description
BSE notifies part redemption of two series of non-convertible debentures issued by Lodha Developers Limited, with trading to commence at reduced face values effective February 11, 2026.
Summary
BSE has notified trading members about the part redemption of non-convertible debentures issued by LODHA DEVELOPERS LIMITED. Two debenture series will trade at reduced face values effective February 11, 2026, following the record date set by the company for partial redemption.
Key Points
- Two debenture series of Lodha Developers Limited undergoing part redemption
- Record date for redemption: February 11, 2026
- Trading at reduced face values starts from February 11, 2026 (Settlement DR-818/2025-2026)
- LDL-Reset Rate-21-01-28-PVT (ISIN: INE670K07307) reduced to Rs. 86,199 per debenture
- LDL-TBILLS-13-11-28-PVT (ISIN: INE670K07349) reduced to Rs. 93,395 per debenture
Regulatory Changes
No regulatory changes. This is a standard corporate action notification.
Compliance Requirements
- Trading members must note the reduced face values effective from February 11, 2026
- All trading in these debentures must reflect the new face values from the effective date
- Members should update their systems to reflect the face value changes
Important Dates
- Notice Date: February 06, 2026
- Record Date: February 11, 2026
- Effective Date for Reduced Face Value: February 11, 2026
- Settlement Number: DR-818/2025-2026
Impact Assessment
Market Impact: Minimal. This is a routine corporate action affecting only two privately placed debenture series of a single issuer.
Operational Impact: Low. Trading members holding or trading these specific debentures need to update their systems to reflect the reduced face values. No broader market implications.
Investor Impact: Debenture holders will receive partial redemption as per the terms, with remaining holdings continuing at reduced face values.
Impact Justification
Routine corporate action affecting only two specific debenture series of a single issuer with limited market-wide impact