Description
BSE notifies trading members of the revised reduced face values for two Lodha Developers Limited debentures (scrip codes 976923 and 977293) following part redemption, effective March 04, 2026.
Summary
BSE has notified trading members of the actual revised reduced face values for two Lodha Developers Limited debentures following a part redemption. This is a continuation of Exchange Notice No. 20260206-10 dated February 06, 2026, which had announced a record date of February 11, 2026 for the part redemption. The debentures will trade at their new reduced face values effective March 04, 2026.
Key Points
- Continuation of Exchange Notice No. 20260206-10 dated February 06, 2026
- Record date for part redemption was February 11, 2026
- Two debenture series of Lodha Developers Limited are affected
- Scrip 976923 (LDL-Reset Rate-21-01-28-PVT, ISIN: INE670K07307): Revised reduced face value set at Rs. 84,052/- per debenture
- Scrip 977293 (LDL-TBILLS-13-11-28-PVT, ISIN: INE670K07349): Revised reduced face value set at Rs. 91,115/- per debenture
- Effective date for trading at revised face value: March 04, 2026
- Reference: DR-832/2025-2026
Regulatory Changes
No new regulatory framework introduced. This notice communicates the operationalisation of a previously announced corporate action (part redemption) by confirming the actual revised reduced face values for the affected debenture instruments.
Compliance Requirements
- Trading members must note and apply the revised reduced face values for scrip codes 976923 and 977293 with effect from March 04, 2026
- All trading in the above debentures must reflect the new face values as communicated
Important Dates
| Event | Date |
|---|---|
| Original notice (20260206-10) | February 06, 2026 |
| Record date for part redemption | February 11, 2026 |
| This notice issued | March 02, 2026 |
| Effective date for revised face value trading | March 04, 2026 |
Impact Assessment
The impact is confined to holders and traders of the two specified private debenture series of Lodha Developers Limited in the debt segment. The reduced face values (Rs. 84,052 for INE670K07307 and Rs. 91,115 for INE670K07349) reflect partial principal repayment already made on the record date. Trading members operating in the debt segment must update their systems to reflect these revised face values from March 04, 2026 to ensure accurate trade valuation and settlement.
Impact Justification
Affects holders of two specific private debenture series of Lodha Developers; revised face values alter trading price basis from March 04, 2026, but impact is limited to those instruments.