Description

BSE notifies trading members of part redemption of non-convertible debentures of Adani Green Energy (UP) Limited with a record date of 16 March 2026, after which trading will occur at a reduced face value.

Summary

BSE has notified trading members that Adani Green Energy (UP) Limited has fixed a record date for part redemption of its non-convertible debentures (NCDs) and payment of interest. From the effective date of 16 March 2026, trading in the specified debenture series will take place at a reduced face value following the partial redemption.

Key Points

  • Company: Adani Green Energy (UP) Limited
  • Debenture Series: AGEUPL-7.30%-31-12-26-PVT (ISIN: INE155V07025, Code: 973750)
  • Record Date: 16 March 2026
  • Purpose: Part Redemption of Debentures and Payment of Interest
  • Reduced Face Value: Rs. 380,280 per debenture
  • Effective Date for Reduced Face Value: 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 market segment framework for privately placed debentures.

Compliance Requirements

  • Trading members must note the change in face value effective 16 March 2026.
  • All trades in the debenture series from the effective date must reflect the reduced face value of Rs. 380,280 per debenture.
  • Members should update their systems to account for the revised face value for settlement purposes under DR-840/2025-2026.

Important Dates

  • Record Date: 16 March 2026
  • Effective Date for Reduced Face Value Trading: 16 March 2026
  • Circular Date: 12 March 2026
  • Debenture Maturity: 31 December 2026

Impact Assessment

This part redemption affects holders of the AGEUPL 7.30% NCD series maturing on 31 December 2026. The face value per debenture is reduced to Rs. 380,280 following this partial redemption. Market impact is limited to existing holders of this specific privately placed NCD series. Trading members on the BSE debt segment need to update pricing and settlement references for this instrument from 16 March 2026 onwards.

Impact Justification

Routine part redemption of privately placed NCDs affecting holders of a specific debenture series; reduced face value impacts pricing but is limited to a single instrument.