Description

BSE notifies trading members of part redemption of non-convertible debentures of Grand Hills Developments Private Limited with a record date of March 16, 2026, resulting in reduced face value.

Summary

BSE has informed trading members that Grand Hills Developments Private Limited has fixed March 16, 2026 as the record date for part redemption of its non-convertible debentures and payment of interest. Trading in the debentures will be with a reduced face value effective from March 16, 2026.

Key Points

  • Company: Grand Hills Developments Private Limited
  • Debenture Series: GHDPL-RESET RATE-31-10-29-PVT (ISIN: INE0DWX07041, Scrip Code: 977285)
  • Record Date: March 16, 2026
  • Purpose: Part Redemption of Debentures and Payment of Interest
  • Reduced Face Value: Rs. 82,813 per debenture
  • Effective Date for Reduced Face Value: March 16, 2026
  • Settlement: DR-840/2025-2026

Regulatory Changes

No new regulatory changes introduced. This is a standard corporate action notification under BSE’s debt market segment procedures.

Compliance Requirements

  • Trading members must note that debentures of Grand Hills Developments Private Limited (ISIN: INE0DWX07041) will trade with reduced face value of Rs. 82,813 per debenture effective March 16, 2026.
  • Members should update their systems to reflect the revised face value from the effective date.

Important Dates

  • Notice Date: March 12, 2026
  • Record Date: March 16, 2026
  • Effective Date for Reduced Face Value: March 16, 2026
  • Settlement Number: DR-840/2025-2026

Impact Assessment

This part redemption affects holders of Grand Hills Developments Private Limited’s privately placed NCDs maturing on October 31, 2029. The face value per debenture will reduce to Rs. 82,813 following the part redemption. Impact is limited to holders of this specific debenture series in the debt segment. Trading members need to account for the reduced face value in their systems from March 16, 2026 onwards.

Impact Justification

Routine part redemption of privately placed NCDs affecting holders of a single debenture series; reduced face value effective from record date impacts debenture trading price.