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 to continue at reduced face value of Rs. 421704.48 per debenture effective the same date.

Summary

Western Transmission (Gujarat) Limited has announced a part redemption of its Non-Convertible Debentures (NCDs) along with payment of interest. The record date is set for 13 March 2026, after which trading in these debentures will occur at a reduced face value of Rs. 421,704.48 per debenture. The settlement is under DR-839/2025-2026.

Key Points

  • Company: Western Transmission (Gujarat) Limited
  • Debenture Code: WTGL-8.71MCLR-31-3-34-PVT (Scrip Code: 958017)
  • ISIN: INE829X07013
  • 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: 13 March 2026
  • Settlement Number: DR-839/2025-2026

Regulatory Changes

No new regulatory changes introduced. This is a standard corporate action notification under BSE’s debt market segment rules requiring trading members to be informed of reduced face value post-redemption.

Compliance Requirements

  • Trading members must note that from 13 March 2026, trading in the debentures of Western Transmission (Gujarat) Limited (ISIN: INE829X07013) will be conducted at the reduced face value of Rs. 421,704.48 per debenture.
  • Members must update their systems to reflect the new face value effective the record date.

Important Dates

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

Impact Assessment

This part redemption reduces the face value of the debentures to Rs. 421,704.48 per unit, reflecting a partial return of principal to debenture holders. The impact is limited to holders of this specific NCD (ISIN: INE829X07013) traded on BSE’s debt market segment. Trading members dealing in these securities must ensure updated pricing and settlement references from 13 March 2026 onwards. Broader market impact is minimal as this is a routine debt corporate action for a single privately placed instrument.

Impact Justification

Routine part redemption of privately placed NCDs affecting debenture holders of a single company; reduces face value significantly but is a standard corporate action with limited broad market impact.