Description

INTERISE TRUST has fixed a Record Date of 16 March 2026 for part redemption of two series of Non-Convertible Debentures (INE790Z07061 and INE790Z07079), with a reduced face value of Rs. 98,750 per debenture effective 16 March 2026.

Summary

INTERISE TRUST has announced a Record Date of 16 March 2026 for the part redemption of two series of Non-Convertible Debentures along with payment of interest. Trading in both debenture series will be conducted with a reduced face value of Rs. 98,750 per debenture effective from 16 March 2026.

Key Points

  • Record Date fixed: 16 March 2026 for both debenture series
  • Purpose: Part Redemption of Debentures and Payment of Interest
  • Reduced Face Value: Rs. 98,750 per debenture (down from Rs. 1,00,000)
  • Effective Date for reduced face value trading: 16 March 2026
  • Settlement Number: DR-840/2025-2026
  • Two debenture series affected: IT-6.96-RESET RATE-31-03-45-PV (ISIN: INE790Z07061, Code: 977222) and IT-7.30-RESET RATE-31-03-45-PV (ISIN: INE790Z07079, Code: 977223)

Regulatory Changes

No new regulatory changes introduced. This is a standard corporate action notification under BSE Debt Segment procedures for part redemption events.

Compliance Requirements

  • Trading Members must note that trading in both INTERISE TRUST debenture series will be with the reduced face value of Rs. 98,750 per debenture from 16 March 2026 onwards.
  • Members should update their systems to reflect the revised face value for settlement DR-840/2025-2026.

Important Dates

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

Impact Assessment

This is a routine partial redemption event affecting holders of two INTERISE TRUST NCD series on the BSE Debt Market Segment. Debenture holders on the record date (16 March 2026) will receive part redemption proceeds plus accrued interest. Post-redemption, the face value of each debenture will be reduced to Rs. 98,750, which will be reflected in all subsequent trading. The impact is limited to existing holders of these two specific debenture series and trading members dealing in BSE debt instruments.

Impact Justification

Routine part redemption of two NCD series affecting holders of INTERISE TRUST debentures; reduces face value to Rs. 98,750 per debenture effective 16 March 2026 under settlement DR-840/2025-2026.