Description

Western Transmission (Gujarat) Limited has fixed a record date of 13 March 2026 for part redemption of non-convertible debentures and payment of interest, with trading in reduced face value effective from the same date.

Summary

Western Transmission (Gujarat) Limited has announced a record date of 13 March 2026 for the purpose of part redemption of its Non-Convertible Debentures (NCDs) and payment of interest. Trading in the debentures will occur at a reduced face value effective from the record date under settlement DR-839/2025-2026.

Key Points

  • Company: Western Transmission (Gujarat) Limited
  • Instrument: WTGL-8.71MCLR-31-3-34-PVT (ISIN: INE829X07013, BSE Code: 958017)
  • Record Date: 13 March 2026
  • Purpose: Part Redemption of Debentures and Payment of Interest
  • Reduced Face Value: Rs. 421,704.48 per Debenture
  • Effective Date for Reduced Face Value Trading: 13 March 2026
  • Settlement Number: DR-839/2025-2026

Regulatory Changes

No new regulatory changes. This is a standard corporate action notification under BSE’s debt segment framework requiring trading members to update face value of the debentures post-record date.

Compliance Requirements

  • Trading members must note that from 13 March 2026, the debentures (ISIN: INE829X07013) will trade at the reduced face value of Rs. 421,704.48 per debenture.
  • Members must ensure all trades from the effective date reflect the reduced face value under settlement DR-839/2025-2026.

Important Dates

  • Notice Date: 11 March 2026
  • Record Date: 13 March 2026
  • Effective Date for Reduced Face Value Trading: 13 March 2026
  • Settlement: DR-839/2025-2026

Impact Assessment

This corporate action affects holders of the WTGL NCD series (ISIN: INE829X07013). Post-record date, debenture holders will receive a partial principal repayment along with interest. Trading members on the BSE debt segment must update their systems to reflect the new reduced face value of Rs. 421,704.48 per debenture from 13 March 2026. The impact is limited to participants holding this specific private placement debt instrument.

Impact Justification

Routine corporate action affecting a single private debt instrument; impacts holders of the specific NCD series but has limited broader market significance.