Description

BSE notifies trading members of part redemption of bonds and payment of interest by Rajasthan Rajya Vidyut Utpadan Nigam Limited, with bonds trading at reduced face value of Rs. 4,00,000 effective 09 March 2026.

Summary

BSE has informed trading members that Rajasthan Rajya Vidyut Utpadan Nigam Limited (RRVUNL) has fixed a Record Date of 09 March 2026 for part redemption of its bonds and payment of interest. From the effective date, trading in the bonds will be conducted at a reduced face value of Rs. 4,00,000 per bond.

Key Points

  • Company: Rajasthan Rajya Vidyut Utpadan Nigam Limited
  • Bond Series: RRVUN-8.74%-26-3-27-PVT (ISIN: INE891F08026, Scrip Code: 951899)
  • Record Date: 09 March 2026
  • Purpose: Part Redemption of Bonds and Payment of Interest
  • Reduced Face Value: Rs. 4,00,000 per bond
  • Effective Date: 09 March 2026
  • Settlement Reference: DR-835/2025-2026

Regulatory Changes

No new regulatory framework introduced. This is a standard corporate action under BSE’s debt market segment procedures for part redemption of listed bonds.

Compliance Requirements

  • Trading members must update their systems to reflect the reduced face value of Rs. 4,00,000 per bond effective 09 March 2026.
  • All trades in ISIN INE891F08026 (Scrip Code 951899) from the effective date must be executed at the revised face value.
  • Members should communicate this change to relevant clients holding positions in this bond series.

Important Dates

  • Record Date: 09 March 2026
  • Effective Date for Reduced Face Value: 09 March 2026
  • Settlement Number: DR-835/2025-2026
  • Circular Date: 02 March 2026

Impact Assessment

This part redemption reduces the face value of the RRVUNL 8.74% bond (maturing 26-3-2027) to Rs. 4,00,000 per bond. Bondholders will receive a partial principal repayment along with accrued interest on the record date. Post-redemption, the outstanding principal per bond is reduced, which will affect accrued interest calculations and market pricing for subsequent trades. Impact is limited to holders of this specific bond series in the BSE debt market segment.

Impact Justification

Routine debt corporate action affecting holders of a specific bond series; trading members must note the reduced face value from the effective date, impacting bond pricing and settlement.