Description

BSE notifies trading members that Rajasthan Rajya Vidyut Prasaran Nigam Limited has fixed a record date of 07 March 2026 for part redemption of bonds and payment of interest, with trading in bonds to continue at a reduced face value of Rs. 4,00,000 per bond effective 06 March 2026.

Summary

BSE has informed trading members that Rajasthan Rajya Vidyut Prasaran Nigam Limited (RRVPN) has fixed a record date for the purpose of part redemption of its bonds and simultaneous payment of interest. Following the record date, trading in these bonds will resume at a reduced face value effective 06 March 2026 under settlement DR-834/2025-2026.

Key Points

  • Company: Rajasthan Rajya Vidyut Prasaran Nigam Limited
  • Bond series: RRVPN-8.69%-23-3-27-PVT (ISIN: INE572F08089 / Scrip Code: 951844)
  • Record date: 07 March 2026
  • Purpose: Part redemption of bonds and payment of interest
  • Reduced face value post-redemption: Rs. 4,00,000 per bond
  • Effective date for reduced face value trading: 06 March 2026
  • Settlement number: DR-834/2025-2026

Regulatory Changes

No new regulatory changes introduced. This is a standard corporate action notification under BSE’s debt segment listing obligations. The bonds will trade at the revised (reduced) face value from the effective date onward.

Compliance Requirements

  • Trading members must note the revised face value of Rs. 4,00,000 per bond effective 06 March 2026.
  • All trades executed on or after the effective date must reflect the reduced face value.
  • Members should update their systems and clients accordingly ahead of the effective date.

Important Dates

  • Record Date: 07 March 2026 — for part redemption of bonds and payment of interest
  • Effective Date for Reduced Face Value Trading: 06 March 2026
  • Settlement: DR-834/2025-2026
  • Circular Date: 23 February 2026

Impact Assessment

This action affects holders and traders of the RRVPN 8.69% bond maturing 23 March 2027 (privately placed, ISIN INE572F08089) on the BSE debt market segment. The part redemption reduces the face value per bond to Rs. 4,00,000, which will impact pricing and settlement calculations for all subsequent trades. The impact is limited in scope to this specific bond series and does not affect the broader equity or debt markets. Bondholders will receive a partial principal repayment along with accrued interest on the record date.

Impact Justification

Routine corporate action affecting a specific privately-placed debt instrument on the BSE debt segment. Impact is limited to holders of the specific RRVPN bond (ISIN INE572F08089), with a significant face value reduction to Rs. 4,00,000 per bond.