Description

BSE notifies trading members of part redemption of non-convertible debentures and payment of interest for Bilaspur Pathrapali Road Private Limited, with record date of 13 March 2026 and reduced face values effective the same date.

Summary

BSE has informed trading members that Bilaspur Pathrapali Road Private Limited has fixed 13 March 2026 as the record date for part redemption of its non-convertible debentures and payment of interest. Trading in these debentures will occur with reduced face values effective from 13 March 2026 under Settlement No. DR-839/2025-2026.

Key Points

  • Two series of NCDs are undergoing part redemption simultaneously
  • Both series share the same record date: 13 March 2026
  • Both covered under Settlement No. DR-839/2025-2026
  • BPRPL-7.75%-30-9-35-PVT (INE02AS07022, Code 977216): reduced face value of Rs. 95,029.31 per debenture
  • BPRPL-7.85%-31-3-30-PVT (INE02AS07014, Code 977217): reduced face value of Rs. 88,857.94 per debenture
  • Trading will continue post-redemption with the reduced face values effective 13 March 2026

Regulatory Changes

No new regulatory changes introduced. This is a corporate action notice under existing BSE listing and debt market regulations.

Compliance Requirements

  • Trading members must note the reduced face values for both NCD series effective 13 March 2026
  • Members dealing in these debentures must update their records to reflect the new face values post-record date
  • Settlement of trades must be handled under DR-839/2025-2026

Important Dates

  • Record Date: 13 March 2026 (for both NCD series)
  • Effective Date of Reduced Face Value: 13 March 2026
  • Notice Date: 11 March 2026
  • Settlement: DR-839/2025-2026

Impact Assessment

This is a routine partial redemption event affecting holders of Bilaspur Pathrapali Road Private Limited’s privately placed NCDs. Debenture holders will receive partial principal repayment along with accrued interest on the record date. The reduced face values (Rs. 95,029.31 and Rs. 88,857.94 respectively) will apply to all subsequent trading. Market impact is limited to participants holding these specific private debt instruments.

Impact Justification

Routine part redemption and interest payment event for private NCD issuer; affects debenture holders and trading members dealing in these specific debt instruments.