Description

BSE notifies trading members of part redemption and interest payment on Non-Convertible Debentures of IOT Utkal Energy Services Limited, effective March 13, 2026, with reduced face values applicable from DR-839/2025-2026 settlement.

Summary

BSE has informed trading members that IOT Utkal Energy Services Limited has fixed a Record Date of March 13, 2026 for part redemption of Non-Convertible Debentures (NCDs) and payment of interest. Trading in the debentures will occur with a reduced face value effective from the record date under settlement DR-839/2025-2026.

Key Points

  • Two NCD series of IOT Utkal Energy Services Limited are subject to part redemption and interest payment.
  • Record Date for both series is March 13, 2026.
  • Debenture series 1063IOT28F (ISIN: INE310L07AD3, Scrip Code: 950208) will have a reduced face value of Rs. 57,627.12 per debenture.
  • Debenture series IOT-9.02%-20-10-28-PVT (ISIN: INE310L07AE1, Scrip Code: 952676) will have a reduced face value of Rs. 18,164 per debenture.
  • Both series fall under settlement number DR-839/2025-2026.
  • Trading in both debentures will be with reduced face value effective March 13, 2026.

Regulatory Changes

No new regulatory changes. This is a standard corporate action notification under BSE’s debt market operations for part redemption of listed NCDs.

Compliance Requirements

  • Trading members must note the revised face values for both NCD series effective from March 13, 2026.
  • All trades in these debentures on and after the effective date must reflect the reduced face values as notified.

Important Dates

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

Impact Assessment

This circular impacts holders and traders of the two specific NCD series of IOT Utkal Energy Services Limited. The reduced face values reflect partial principal repayment alongside interest payments. Trading members dealing in these debt instruments must update their systems to reflect the new face values from the effective date. The impact is limited to participants in IOT Utkal Energy Services Limited’s debt securities on the BSE debt market segment.

Impact Justification

Routine part redemption and interest payment on two NCD series of IOT Utkal Energy Services Limited; affects holders of these specific debentures with reduced face values effective from record date.