Description

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

Summary

BSE has notified that IOT UTKAL ENERGY SERVICES LIMITED has set February 13, 2026 as the record date for part redemption of its non-convertible debentures and payment of interest. Trading in the company’s debentures will continue with reduced face values effective from the same date. Two series of debentures are affected: ISIN INE310L07AC5 with reduced face value of Rs. 57,627.12 per debenture and ISIN INE310L07AE1 with reduced face value of Rs. 18,922 per debenture.

Key Points

  • Record date fixed as February 13, 2026 for both interest payment and part redemption
  • Two debenture series affected: 1063IOT28E (INE310L07AC5) and IOT-9.02%-20-10-28-PVT (INE310L07AE1)
  • Trading will continue with reduced face values from February 13, 2026
  • Effective settlement number: DR-820/2025-2026
  • Notice issued by Marian Dsouza, Assistant Vice President – Listing Compliance and Operations

Regulatory Changes

No regulatory changes. This is a standard corporate action notification as per existing debt market procedures.

Compliance Requirements

  • Trading members must note the reduced face values effective from February 13, 2026
  • All trading in these debentures from the effective date onwards must reflect the new reduced face values
  • Members should update their systems to reflect the post-redemption face values

Important Dates

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

Impact Assessment

Market Impact: Medium - affects debenture holders and traders of IOT UTKAL ENERGY SERVICES LIMITED debt securities

Operational Impact: Trading members need to update their systems to reflect the reduced face values for accurate pricing and settlement. The part redemption represents a routine debt servicing activity that reduces the outstanding principal amount of the debentures.

Financial Impact: Debenture holders will receive partial principal repayment along with interest payment as per the terms of the debentures. The reduced face values (Rs. 57,627.12 and Rs. 18,922) will be the new basis for all future trading and calculations.

Impact Justification

Routine corporate action affecting debenture holders with part redemption and interest payment, requiring tracking of reduced face values for trading purposes