Description

IOT UTKAL ENERGY SERVICES LIMITED has announced part redemption of debentures with reduced face values effective February 13, 2026.

Summary

IOT UTKAL ENERGY SERVICES LIMITED has fixed the record date of February 13, 2026 for part redemption of its Non-Convertible Debentures and payment of interest. Trading in the company’s debentures will commence with reduced face values from the effective date. Two series of debentures are affected with different reduced face values.

Key Points

  • Record date set for February 13, 2026
  • Part redemption combined with interest payment
  • Two debenture series affected: INE310L07AC5 and INE310L07AE1
  • Trading with reduced face value effective from February 13, 2026
  • Settlement number: DR-820/2025-2026

Regulatory Changes

No regulatory framework changes. This is a corporate action notification under existing debt market regulations.

Compliance Requirements

  • Trading members must note the reduced face values for transactions from the effective date
  • Debenture holders on record as of February 13, 2026 will be eligible for part redemption proceeds and interest payment
  • Market systems must reflect updated face values from settlement DR-820/2025-2026

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 09, 2026

Impact Assessment

Debenture Series 1 (INE310L07AC5 - Code: 950207)

  • Reduced face value: Rs. 57,627.12 per debenture

Debenture Series 2 (INE310L07AE1 - Code: 952676)

  • Reduced face value: Rs. 18,922 per debenture

Debenture holders will receive partial redemption proceeds and accrued interest. The reduced face values will apply to all subsequent trading and interest calculations. This is a planned corporate action with limited broader market impact, primarily affecting existing debenture holders of IOT UTKAL ENERGY SERVICES LIMITED.

Impact Justification

Routine debt instrument corporate action affecting debenture holders through partial redemption and interest payment with moderate market impact