Description
BSE notifies part redemption of five series of non-convertible debentures of Kolte-Patil Developers Ltd with record date of 13 March 2026, resulting in reduced face values effective the same date.
Summary
BSE has notified trading members that Kolte-Patil Developers Ltd has fixed 13 March 2026 as the record date for part redemption of five series of its non-convertible debentures (NCDs). Trading in these debentures will occur with reduced face values effective 13 March 2026 under settlement DR-839/2025-2026.
Key Points
- Five NCD series of Kolte-Patil Developers Ltd are subject to part redemption
- Record date for all five series: 13 March 2026
- Reduced face values are effective from 13 March 2026 under settlement DR-839/2025-2026
- All series are privately placed debentures
- Circular issued by Marian Dsouza, Assistant Vice President – Listing Compliance and Operations
Regulatory Changes
No new regulatory changes introduced. This is a standard corporate action notification for part redemption of listed NCDs in the debt market segment of BSE.
Compliance Requirements
- Trading members must note the reduced face values for each debenture series effective 13 March 2026
- Trades in the affected debentures must reflect the revised face values from the effective date
- Settlement to be processed under DR-839/2025-2026
Important Dates
- Record Date: 13 March 2026 (all five series)
- Effective Date for Reduced Face Value: 13 March 2026
- Settlement Number: DR-839/2025-2026
- Circular Date: 11 March 2026
Impact Assessment
| Scrip Code | ISIN | Series | Reduced Face Value (Rs.) |
|---|---|---|---|
| 974771 | INE094I07049 | KPDL-ZC-17-4-33-PVT | 54,831/- per debenture |
| 975276 | INE094I07064 | KPDL-21-12-33-PVT | 52,718/- per debenture |
| 976030 | INE094I07072 | KPDL-ZC-20-9-34-PVT | 54,715/- per debenture |
| 977231 | INE094I07080 | KPDL-15-10-35-PVT | 96,808/- per debenture |
| 977351 | INE094I07098 | KPDL-ZC-30-10-35-PVT | 97,026/- per debenture |
This part redemption reduces the outstanding face value of five privately placed NCD series of Kolte-Patil Developers. The impact is limited to holders of these specific debt instruments. Equity shareholders are not directly affected. Trading members dealing in these debentures must update their systems to reflect reduced face values from 13 March 2026 to ensure accurate pricing and settlement.
Impact Justification
Routine part redemption of NCDs affecting five debenture series of Kolte-Patil Developers; impacts holders of these specific debt instruments with reduced face values, not broader equity market.