Description
IOT UTKAL ENERGY SERVICES LIMITED has fixed record date for part redemption of debentures and interest payment, with reduced face values effective from February 13, 2026.
Summary
IOT UTKAL ENERGY SERVICES LIMITED has announced part redemption of its non-convertible debentures along with interest payment. The record date is set for February 13, 2026, and trading in the debentures will commence with reduced face values from the same date under settlement number DR-820/2025-2026.
Key Points
- Two series of debentures affected: INE310L07AC5 (Code: 950207) and INE310L07AE1 (Code: 952676)
- Record date fixed as February 13, 2026 for both redemption and interest payment
- Trading with reduced face value effective from February 13, 2026
- Settlement number: DR-820/2025-2026
Debenture Details
Series 1: 1063IOT28E (INE310L07AC5)
- ISIN: INE310L07AC5
- Code: 950207
- Reduced Face Value: Rs. 57,627.12 per debenture
Series 2: IOT-9.02%-20-10-28-PVT (INE310L07AE1)
- ISIN: INE310L07AE1
- Code: 952676
- Reduced Face Value: Rs. 18,922 per debenture
Important Dates
- Record Date: February 13, 2026
- Effective Date for Reduced Face Value: February 13, 2026
- Settlement Number: DR-820/2025-2026
Compliance Requirements
- Trading members must ensure that trading in these debentures reflects the reduced face values from the effective date
- Debenture holders as on record date will be eligible for part redemption proceeds and interest payment
Impact Assessment
This is a routine corporate action impacting only the specific debenture holders of IOT UTKAL ENERGY SERVICES LIMITED. The part redemption will reduce the outstanding face value of the debentures, with investors receiving partial repayment along with accrued interest. Trading members need to update their systems to reflect the new reduced face values from February 13, 2026.
Impact Justification
Routine corporate action affecting specific debenture holders only, with no broader market implications