Description
BSE notifies trading members about the record date for part redemption of non-convertible debentures and payment of interest for RENEW SOLAR ENERGY (JHARKHAND FIVE) PRIVATE LIMITED, with reduced face value effective from 13 March 2026.
Summary
BSE has issued a notice informing trading members that RENEW SOLAR ENERGY (JHARKHAND FIVE) PRIVATE LIMITED has fixed a record date for payment of interest and part redemption of its Non-Convertible Debentures (NCDs). Trading in these debentures will be conducted at a reduced face value from 13 March 2026.
Key Points
- Company: RENEW SOLAR ENERGY (JHARKHAND FIVE) PRIVATE LIMITED
- Debenture Code: RSEJFPL-8.44%-31-8-29-PVT, ISIN: INE154Z07011 (BSE Code: 976003)
- Record Date: 15 March 2026
- Purpose: Part Redemption of Debentures and Payment of Interest
- Reduced Face Value: Rs. 92,210/- 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 routine corporate action notification under existing BSE debt segment guidelines for part redemption of privately placed NCDs.
Compliance Requirements
- Trading members must note that trading in the specified debentures will occur at the reduced face value of Rs. 92,210/- per debenture effective from 13 March 2026.
- Members should update their systems and inform relevant clients holding these debentures accordingly.
Important Dates
- Notice Date: 11 March 2026
- Effective Date (Reduced Face Value): 13 March 2026 (Settlement DR-839/2025-2026)
- Record Date: 15 March 2026 (for interest payment and part redemption)
Impact Assessment
This action affects holders of RENEW SOLAR ENERGY (JHARKHAND FIVE) PRIVATE LIMITED’s 8.44% NCDs maturing on 31 August 2029. The part redemption reduces the face value to Rs. 92,210/- per debenture, impacting the trading price and yield calculations for these instruments. Impact is limited to specific NCD holders and debt segment participants dealing in this ISIN.
Impact Justification
Routine part redemption of privately placed NCDs affecting specific debenture holders; reduced face value impacts trading in these instruments from the effective date.