Description
Vertis Infrastructure Trust has fixed a record date of 16 March 2026 for part redemption of debentures and payment of interest on two NCD series, with reduced face values effective the same date.
Summary
Vertis Infrastructure Trust has announced part redemption of two series of Non-Convertible Debentures (NCDs) along with payment of interest. The record date for both series is 16 March 2026, and trading in these debentures will be with reduced face values effective the same date under Settlement No. DR-840/2025-2026.
Key Points
- Record date fixed as 16 March 2026 for both NCD series
- Two debenture series are impacted: VIT-8.25%-22-9-29-PVT (ISIN: INE0KXY07026, Code: 974227) and VIT-7.40%-31-12-41-INVIT (ISIN: INE0KXY07042, Code: 976771)
- Series 1 (VIT-8.25%-22-9-29-PVT): Reduced face value of Rs. 9,55,000/- per debenture
- Series 2 (VIT-7.40%-31-12-41-INVIT): Reduced face value of Rs. 99,690/- per debenture
- Both series fall under Settlement No. DR-840/2025-2026
- Purpose: Part redemption of debentures and payment of interest
Regulatory Changes
No new regulatory changes. This is a standard corporate action notice in accordance with BSE listing and debt market regulations for privately placed NCDs.
Compliance Requirements
- Trading members must note that from 16 March 2026, both debenture series will trade with the reduced face values as specified
- Members must update their systems to reflect the new reduced face values effective on and after the record date
Important Dates
| Event | Date |
|---|---|
| Notice Date | 12 March 2026 |
| Record Date | 16 March 2026 |
| Effective Date (Reduced Face Value) | 16 March 2026 |
| Settlement No. | DR-840/2025-2026 |
Impact Assessment
This is a routine partial redemption event affecting holders of two privately placed NCD series issued by Vertis Infrastructure Trust. The impact is limited to debenture holders of these specific instruments. Trading members dealing in these debt securities must ensure trades from the effective date reflect the reduced face values. No broader equity market impact is anticipated.
Impact Justification
Routine part redemption of privately placed NCDs affecting debenture holders of two specific series; reduces face value but does not affect equity markets broadly.