Description

Damodar Valley Corporation has fixed a record date of 09 March 2026 for part redemption of bonds and payment of interest, with trading in bonds to continue at reduced face value from the same date.

Summary

Damodar Valley Corporation (DVC) has announced a record date of 09 March 2026 for the part redemption of bonds and payment of interest under bond series DVC25MAR13 (ISIN: INE753F08028, Scrip Code: 972826). From the record date, trading in these bonds will be conducted at a reduced face value of Rs. 7,00,000 per bond.

Key Points

  • Company: Damodar Valley Corporation
  • Bond Series: DVC25MAR13 (ISIN: INE753F08028, Scrip Code: 972826)
  • Record Date: 09 March 2026
  • Purpose: Part Redemption of Bonds and Payment of Interest
  • Reduced Face Value: Rs. 7,00,000 per bond
  • Effective Date for Reduced Face Value: 09 March 2026
  • Settlement Number: DR-835/2025-2026

Regulatory Changes

No new regulatory changes introduced. This is a standard corporate action notification under BSE listing compliance requirements for debt securities.

Compliance Requirements

Trading members of BSE are required to note that trading in the bonds of Damodar Valley Corporation (DVC25MAR13) will be conducted at the reduced face value of Rs. 7,00,000 per bond with effect from 09 March 2026 under Settlement No. DR-835/2025-2026.

Important Dates

  • Record Date: 09 March 2026
  • Effective Date for Reduced Face Value Trading: 09 March 2026
  • Circular Date: 05 March 2026

Impact Assessment

This part redemption reduces the face value of DVC25MAR13 bonds to Rs. 7,00,000 per bond effective 09 March 2026. Bondholders on record as of the record date will receive the partial redemption amount along with interest. The impact is limited to holders of this specific bond series in the BSE debt segment. Trading members must update their systems to reflect the new reduced face value from the effective date.

Impact Justification

Routine bond part redemption event affecting existing bondholders of Damodar Valley Corporation; reduces face value of bonds from record date, relevant primarily to debt segment investors holding this specific bond series.