Description

BSE notifies trading members of part redemption of non-convertible debentures and payment of interest by Bilaspur Pathrapali Road Private Limited, with reduced face values effective March 13, 2026.

Summary

BSE has notified trading members that Bilaspur Pathrapali Road Private Limited has fixed March 13, 2026 as the Record Date for payment of interest and part redemption of its Non-Convertible Debentures. Trading in the debentures will commence with reduced face values effective from the same date under Settlement No. DR-839/2025-2026.

Key Points

  • Two NCD series of Bilaspur Pathrapali Road Private Limited are undergoing part redemption
  • Record Date for both series: March 13, 2026
  • Both series will trade at reduced face values effective March 13, 2026
  • Settlement reference: DR-839/2025-2026
  • BPRPL-7.75%-30-9-35-PVT (Code: 977216, ISIN: INE02AS07022): Reduced Face Value of Rs. 95,029.31 per debenture
  • BPRPL-7.85%-31-3-30-PVT (Code: 977217, ISIN: INE02AS07014): Reduced Face Value of Rs. 88,857.94 per debenture

Regulatory Changes

No new regulatory changes introduced. This is a standard corporate action notice issued under existing BSE listing and debt market operational guidelines.

Compliance Requirements

  • Trading members must note the revised face values for both NCD series from the effective date
  • All trades in these debentures from March 13, 2026 must reflect the reduced face value
  • Members should update their systems to reflect the new face values: Rs. 95,029.31 (INE02AS07022) and Rs. 88,857.94 (INE02AS07014)

Important Dates

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

Impact Assessment

This is a routine debt market corporate action affecting holders of two specific NCD series issued by Bilaspur Pathrapali Road Private Limited. The part redemption reduces the outstanding principal on both series, with the revised face values (Rs. 95,029.31 and Rs. 88,857.94 respectively) reflecting the partial principal repayment. Impact is limited to investors holding these specific instruments in the BSE debt segment. No broader market impact is expected.

Impact Justification

Routine part redemption of debentures affecting two NCD series of a private limited company; impacts holders of these specific debt instruments with reduced face values from the record date.