Description
BSE notifies trading members of part redemption of five privately placed Non-Convertible Debentures of Kolte-Patil Developers Ltd, with reduced face values effective 02 March 2026 and record date 03 March 2026.
Summary
BSE has informed trading members that Kolte-Patil Developers Ltd has fixed a record date of 03 March 2026 for the part redemption of five series of privately placed Non-Convertible Debentures (NCDs). Trading in these debentures will be with reduced face values effective 02 March 2026 under settlement DR-831/2025-2026.
Key Points
- Five NCD series of Kolte-Patil Developers Ltd are subject to part redemption
- Record date for all five series: 03 March 2026
- Reduced face values effective date: 02 March 2026
- Applicable settlement number: DR-831/2025-2026
- All debentures are privately placed (PVT)
- Issued under ISIN codes within the INE094I07xxx series
Regulatory Changes
No new regulatory framework introduced. This is a standard corporate action notification under BSE’s debt market segment procedures for part redemption of listed NCDs.
Compliance Requirements
- Trading members must update the face value of the affected debentures in their systems from the effective date of 02 March 2026
- Trading after the effective date must reflect the reduced face values as specified for each series
- Members should note the record date of 03 March 2026 for settlement and position purposes
Important Dates
| Series | ISIN | Code | Record Date | Effective Date |
|---|---|---|---|---|
| KPDL-ZC-17-4-33-PVT | INE094I07049 | 974771 | 03 Mar 2026 | 02 Mar 2026 |
| KPDL-21-12-33-PVT | INE094I07064 | 975276 | 03 Mar 2026 | 02 Mar 2026 |
| KPDL-ZC-20-9-34-PVT | INE094I07072 | 976030 | 03 Mar 2026 | 02 Mar 2026 |
| KPDL-15-10-35-PVT | INE094I07080 | 977231 | 03 Mar 2026 | 02 Mar 2026 |
| KPDL-ZC-30-10-35-PVT | INE094I07098 | 977351 | 03 Mar 2026 | 02 Mar 2026 |
Impact Assessment
The part redemption reduces the face value of five Kolte-Patil NCD series as follows:
- KPDL-ZC-17-4-33-PVT (974771): Reduced face value Rs. 55,904 per debenture
- KPDL-21-12-33-PVT (975276): Reduced face value Rs. 55,412 per debenture
- KPDL-ZC-20-9-34-PVT (976030): Reduced face value Rs. 56,500 per debenture
- KPDL-15-10-35-PVT (977231): Reduced face value Rs. 97,343 per debenture
- KPDL-ZC-30-10-35-PVT (977351): Reduced face value Rs. 99,156 per debenture
Impact is limited to holders of these privately placed debentures. Trading members in the debt segment must reflect updated face values from 02 March 2026 to ensure accurate pricing and settlement.
Impact Justification
Routine corporate action affecting holders of five privately placed NCDs of Kolte-Patil Developers Ltd; reduced face values and effective dates are clearly defined, requiring trading members to update debenture face values in their systems.