Description

LODHA DEVELOPERS LIMITED has fixed record date February 11, 2026 for part redemption of two series of non-convertible debentures with reduced face values effective from the same date.

Summary

LODHA DEVELOPERS LIMITED has announced part redemption of two series of non-convertible debentures. The record date is February 11, 2026, and trading in these debentures will commence with reduced face values from the same date in settlement DR-818/2025-2026.

Key Points

  • Part redemption affects two debenture series of LODHA DEVELOPERS LIMITED
  • Record date fixed as February 11, 2026
  • Trading with reduced face value effective from February 11, 2026
  • Settlement number: DR-818/2025-2026
  • First debenture (INE670K07307) reduced face value: Rs. 86,199 per debenture
  • Second debenture (INE670K07349) reduced face value: Rs. 93,395 per debenture

Debenture Details

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

  • ISIN: INE670K07307
  • Code: 976923
  • Reduced Face Value: Rs. 86,199 per debenture

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

  • ISIN: INE670K07349
  • Code: 977293
  • Reduced Face Value: Rs. 93,395 per debenture

Compliance Requirements

  • Trading members must note the reduced face values for both debenture series
  • All trades from effective date onwards will reflect the new reduced face values
  • Settlement will be processed under DR-818/2025-2026

Important Dates

  • Notice Date: February 6, 2026
  • Record Date: February 11, 2026
  • Effective Date for Reduced Face Value: February 11, 2026
  • Settlement: DR-818/2025-2026

Impact Assessment

This part redemption impacts holders of two specific debenture series of LODHA DEVELOPERS LIMITED. The reduction in face values represents partial return of principal to debenture holders. Trading members dealing in these debt instruments need to update their systems to reflect the new face values from February 11, 2026 onwards. The impact is limited to the debt segment and affects only these two specific ISINs.

Impact Justification

Part redemption affects specific debenture holders with material reduction in face values. Limited to debt segment with two specific ISINs impacted.