Description

BSE notifies 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 notified 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 (NCDs) and payment of interest. From the effective date, trading in the debentures will continue at reduced face values under Settlement DR-839/2025-2026.

Key Points

  • Record date for both debenture series is 13 March 2026
  • Two NCD series are affected: BPRPL-7.75%-30-9-35-PVT (ISIN INE02AS07022, Code 977216) and BPRPL-7.85%-31-3-30-PVT (ISIN INE02AS07014, Code 977217)
  • BPRPL-7.75% series: reduced face value of Rs. 95,029.31 per debenture effective 13 March 2026
  • BPRPL-7.85% series: reduced face value of Rs. 88,857.94 per debenture effective 13 March 2026
  • Both series fall under Settlement No. DR-839/2025-2026
  • Notice issued by Marian Dsouza, Assistant Vice President – Listing Compliance and Operations

Regulatory Changes

No new regulatory changes. This is a standard corporate action notification under BSE’s debt segment listing compliance framework requiring trading members to update face values of the affected debenture series.

Compliance Requirements

  • Trading members must note the reduced face values for both NCD series effective 13 March 2026
  • All trades in the debentures of Bilaspur Pathrapali Road Private Limited from 13 March 2026 must reflect the revised reduced face values
  • Members should update their systems to reference Settlement No. DR-839/2025-2026

Important Dates

  • 11 March 2026: Notice date
  • 13 March 2026: Record date for part redemption and interest payment
  • 13 March 2026: Effective date for reduced face value trading (Settlement DR-839/2025-2026)

Impact Assessment

This is a routine debt corporate action impacting holders of two privately placed NCD series issued by Bilaspur Pathrapali Road Private Limited. The part redemption reduces the outstanding principal per debenture, and trading members must reflect the new lower face values in their systems from 13 March 2026. Impact is limited to institutional investors and trading members active in the BSE debt segment holding these specific ISINs.

Impact Justification

Routine part redemption of privately placed NCDs affecting debenture holders of Bilaspur Pathrapali Road Private Limited; trading will continue at reduced face values from 13 March 2026.