Description

Adani Transmission Step-Two Limited has fixed a record date of 13 March 2026 for part redemption of non-convertible debentures and payment of interest, with reduced face value of Rs. 99725.28 per debenture effective the same date.

Summary

BSE has notified trading members that Adani Transmission Step-Two Limited has fixed 13 March 2026 as the record date for part redemption of its non-convertible debentures (NCDs) and payment of interest. Trading in the debentures will occur at a reduced face value effective the same date.

Key Points

  • Company: Adani Transmission Step-Two Limited
  • Debenture Series: ATSTL-7.70%-31-12-26-PVT
  • ISIN: INE0YRB07076 (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 for Reduced Face Value: 13 March 2026
  • Settlement Number: DR-839/2025-2026

Regulatory Changes

No new regulatory changes. This is a standard corporate action notice under BSE’s listing compliance framework for debt securities.

Compliance Requirements

  • Trading members must note the reduced face value of Rs. 99,725.28 per debenture effective 13 March 2026.
  • All trades in ATSTL debentures (ISIN: INE0YRB07076) on and after the effective date must reflect the revised face value.
  • Members should update their systems to reflect the new face value and settlement number DR-839/2025-2026.

Important Dates

  • Record Date: 13 March 2026
  • Effective Date for Reduced Face Value: 13 March 2026
  • Notice Date: 11 March 2026

Impact Assessment

This part redemption will reduce the outstanding face value of each debenture to Rs. 99,725.28, indicating a partial principal repayment alongside an interest payment. The impact is limited to existing holders of the 7.70% NCD series maturing 31 December 2026. Trading members must adjust pricing and settlement systems accordingly from 13 March 2026 under settlement DR-839/2025-2026.

Impact Justification

Routine part redemption of NCDs affecting existing debenture holders; reduces face value and requires trading adjustment from effective date.