Description

IOT UTKAL ENERGY SERVICES LIMITED has fixed record date of February 13, 2026 for part redemption of debentures and payment of interest with reduced face values.

Summary

BSE has notified that IOT UTKAL ENERGY SERVICES LIMITED has fixed February 13, 2026 as the record date for part redemption of its non-convertible debentures and payment of interest. Trading in the affected debentures will commence with reduced face values from the record date.

Key Points

  • Two debenture series affected: INE310L07AC5 (Code: 950207) and INE310L07AE1 (Code: 952676)
  • Record date: February 13, 2026
  • Effective date for reduced face value: February 13, 2026 (Settlement No. DR-820/2025-2026)
  • Series 1 (1063IOT28E) reduced face value: Rs. 57,627.12 per debenture
  • Series 2 (IOT-9.02%-20-10-28-PVT) reduced face value: Rs. 18,922 per debenture
  • Trading members instructed to note reduced face values

Regulatory Changes

No regulatory changes. This is a standard corporate action notice for debenture redemption.

Compliance Requirements

  • Trading members must update systems to reflect reduced face values effective February 13, 2026
  • Debenture holders on record as of February 13, 2026 will receive interest payment and partial redemption proceeds
  • Trading in debentures will continue with reduced face values from the effective date

Important Dates

  • Record Date: February 13, 2026
  • Effective Date for Reduced Face Value: February 13, 2026
  • Settlement Number: DR-820/2025-2026
  • Notice Date: February 9, 2026

Impact Assessment

Impact on Debenture Holders: Medium - Debenture holders will receive partial redemption and interest payment, reducing their outstanding investment principal.

Impact on Trading: Low to Medium - Face value reduction will be reflected in trading systems from February 13, 2026. No trading suspension required.

Market Operations: Routine corporate action with standard settlement procedures. Trading members need to ensure system updates for accurate face value representation.

Impact Justification

Routine corporate action affecting debenture holders with specific record date and reduced face values for two debenture series