Description

BSE notifies trading members of part redemption and interest payment on NCDs of Adani Transmission Step-Two Limited, with reduced face value effective 13 March 2026.

Summary

BSE has informed trading members that Adani Transmission Step-Two Limited has fixed a record date for part redemption and interest payment on its Non-Convertible Debentures (NCDs). Trading in the debentures will be conducted with a reduced face value effective 13 March 2026.

Key Points

  • Company: Adani Transmission Step-Two Limited
  • Debenture Series: ATSTL-7.70%-31-12-26-PVT (INE0YRB07076, Scrip Code: 977232)
  • Record Date: 13 March 2026
  • Purpose: Part Redemption of Debentures and Payment of Interest
  • Reduced Face Value: Rs. 99,725.28 per Debenture
  • Effective Date: 13 March 2026
  • Settlement: DR-839/2025-2026

Regulatory Changes

No new regulatory changes. This is a standard corporate action notification under BSE’s debt segment procedures for part redemption of privately placed NCDs.

Compliance Requirements

  • Trading members must note that trading in ATSTL-7.70%-31-12-26-PVT debentures will occur at the reduced face value of Rs. 99,725.28 per debenture from 13 March 2026 onwards.
  • Members should update their systems to reflect the new reduced face value for settlement purposes under DR-839/2025-2026.

Important Dates

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

Impact Assessment

This corporate action affects holders of Adani Transmission Step-Two Limited’s 7.70% privately placed NCDs maturing on 31 December 2026. The face value per debenture will be reduced to Rs. 99,725.28 following partial principal repayment alongside the interest payment. Impact is confined to existing NCD holders in the debt segment; no broader equity market impact is expected.

Impact Justification

Routine part redemption and interest payment event on a privately placed NCD; impacts existing debenture holders with reduced face value, but limited broader market impact.