Description

BSE notifies trading members that INTERISE TRUST has fixed a record date of 16 March 2026 for part redemption and interest payment on two series of Non-Convertible Debentures, with reduced face value effective the same date.

Summary

BSE has informed trading members that INTERISE TRUST has fixed 16 March 2026 as the record date for part redemption of Non-Convertible Debentures and payment of interest on two debenture series. Trading in these debentures will occur with a reduced face value effective 16 March 2026 under Settlement No. DR-840/2025-2026.

Key Points

  • Two NCD series of INTERISE TRUST are subject to part redemption: IT-6.96-RESET RATE-31-03-45-PV (Code: 977222, ISIN: INE790Z07061) and IT-7.30-RESET RATE-31-03-45-PV (Code: 977223, ISIN: INE790Z07079)
  • Record date for both series: 16 March 2026
  • Purpose: Part Redemption of Debentures and Payment of Interest
  • Reduced face value for both series: Rs. 98,750/- per debenture
  • Effective date for reduced face value trading: 16 March 2026
  • Settlement number: DR-840/2025-2026

Regulatory Changes

No new regulatory changes introduced. This is a standard corporate action notification under BSE’s debt segment listing compliance framework.

Compliance Requirements

  • Trading members must note that trading in both INTERISE TRUST debenture series will be conducted at the reduced face value of Rs. 98,750/- per debenture effective 16 March 2026.
  • Members should update their systems to reflect the revised face value from the effective date.

Important Dates

  • Record Date: 16 March 2026
  • Effective Date for Reduced Face Value Trading: 16 March 2026
  • Settlement No.: DR-840/2025-2026
  • Circular Date: 12 March 2026

Impact Assessment

This part redemption event affects holders of two specific NCD series issued by INTERISE TRUST maturing on 31 March 2045. The reduced face value of Rs. 98,750/- per debenture (down from the original face value) reflects the partial principal repayment. Impact is limited to investors holding these instruments in the BSE debt market segment. Trading members must ensure correct face value is applied from 16 March 2026 to avoid settlement discrepancies.

Impact Justification

Routine part redemption event affecting two NCD series of INTERISE TRUST; impacts holders of these specific debt instruments but is limited in broader market scope.