Description
BSE notifies trading members of the record date for part redemption and interest payment on NCDs of Prayatna Developers Private Limited, with reduced face value effective 16 March 2026.
Summary
BSE has informed trading members that Prayatna Developers Private Limited has fixed a record date of 16 March 2026 for the purpose of part redemption of its Non-Convertible Debentures (NCDs) and payment of interest. Trading in these debentures will be with a reduced face value from the effective date.
Key Points
- Company: Prayatna Developers Private Limited
- Debenture Series: PDPL-7.30%-31-12-26-PVT
- ISIN: INE925U07023 (BSE Code: 973756)
- Record Date: 16 March 2026
- Purpose: Part Redemption of Debentures and Payment of Interest
- Reduced Face Value: Rs. 380,280 per debenture
- Effective Date: 16 March 2026
- Settlement: DR-840/2025-2026
Regulatory Changes
No regulatory changes. This is a standard corporate action notice under BSE’s debt segment operational framework.
Compliance Requirements
- Trading members must note that debentures of Prayatna Developers Private Limited will trade with the reduced face value of Rs. 380,280 per debenture with effect from 16 March 2026.
- Members should update their systems to reflect the reduced face value from the effective settlement date DR-840/2025-2026.
Important Dates
- Notice Date: 12 March 2026
- Record Date: 16 March 2026
- Effective Date for Reduced Face Value: 16 March 2026
- Settlement Number: DR-840/2025-2026
- Debenture Maturity Date: 31 December 2026
Impact Assessment
This is a routine part redemption event for privately placed NCDs of a single private limited company. The impact is limited to holders of the specific debenture series (ISIN: INE925U07023). Trading members dealing in this instrument must update face value records effective 16 March 2026. No broader market or systemic impact is anticipated.
Impact Justification
Routine part redemption of privately placed NCDs affecting a single privately held company's debentures; limited market-wide impact.