Description

BSE notifies trading members of part redemption of non-convertible debentures of Kohima-Mariani Transmission Limited with a record date of March 16, 2026, reducing face value to Rs. 94,925 per debenture.

Summary

BSE has notified trading members that Kohima-Mariani Transmission Limited has fixed a record date of March 16, 2026, for part redemption of its non-convertible debentures (NCDs) and payment of interest. Effective from the same date, trading in the company’s debentures will occur at a reduced face value of Rs. 94,925 per debenture under settlement DR-840/2025-2026.

Key Points

  • Company: Kohima-Mariani Transmission Limited
  • Instrument: Non-Convertible Debentures (NCDs) — Code: KMTL-30-6-27-PVT, ISIN: INE483Z08012 (BSE Code: 975831)
  • Record Date: March 16, 2026
  • Purpose: Part Redemption of Debentures and Payment of Interest
  • Reduced Face Value: Rs. 94,925 per debenture
  • Effective Date: March 16, 2026
  • Settlement Number: DR-840/2025-2026

Regulatory Changes

No new regulatory changes introduced. This is a corporate action notice under existing BSE debt market regulations governing part redemption of privately placed NCDs.

Compliance Requirements

  • Trading members must note that from March 16, 2026, all trades in the debentures of Kohima-Mariani Transmission Limited (ISIN: INE483Z08012) will be executed at the reduced face value of Rs. 94,925 per debenture.
  • Members should update their systems to reflect the revised face value effective from the settlement DR-840/2025-2026.

Important Dates

  • Record Date: March 16, 2026
  • Effective Date for Reduced Face Value: March 16, 2026
  • Circular Date: March 12, 2026
  • Settlement: DR-840/2025-2026

Impact Assessment

This part redemption impacts holders of Kohima-Mariani Transmission Limited’s privately placed NCDs (ISIN: INE483Z08012). The face value reduction to Rs. 94,925 per debenture reflects a partial principal repayment along with interest payment. The impact is limited to existing debenture holders in the debt segment and does not affect equity markets. Trading members dealing in this instrument must update pricing and settlement parameters accordingly from March 16, 2026.

Impact Justification

Routine part redemption of privately placed NCDs affecting existing debenture holders with a reduced face value; limited to a specific debt instrument rather than broad market impact.