Description
Vertis Infrastructure Trust has fixed a record date of 16 March 2026 for part redemption and interest payment on two series of Non-Convertible Debentures, with reduced face values effective from the same date.
Summary
Vertis Infrastructure Trust has announced a record date of 16 March 2026 for the part redemption of Non-Convertible Debentures (NCDs) and payment of interest across two debenture series. Trading in these debentures on the BSE Debt Market Segment will occur with reduced face values effective from 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 affected: VIT-8.25%-22-9-29-PVT (ISIN: INE0KXY07026, Code: 974227) and VIT-7.40%-31-12-41-INVIT (ISIN: INE0KXY07042, Code: 976771)
- VIT-8.25%-22-9-29-PVT will have a reduced face value of Rs. 9,55,000/- per debenture
- VIT-7.40%-31-12-41-INVIT will have a reduced face value of Rs. 99,690/- per debenture
- Both actions are under Settlement No. DR-840/2025-2026
- Notice issued by Marian Dsouza, Assistant Vice President – Listing Compliance and Operations
Regulatory Changes
No new regulatory changes introduced. This is a standard corporate action notification under BSE’s listing compliance framework for debt securities.
Compliance Requirements
- Trading members must note that trading in the affected debentures will be conducted with the reduced face values effective 16 March 2026
- Members should update their systems to reflect the revised face values for both debenture series from the effective date
Important Dates
| Event | Date |
|---|---|
| Notice Date | 12 March 2026 |
| Record Date | 16 March 2026 |
| Effective Date for Reduced Face Value | 16 March 2026 |
| Settlement No. | DR-840/2025-2026 |
Impact Assessment
This circular affects holders of two Vertis Infrastructure Trust NCD series traded on the BSE Debt Market Segment. The part redemption reduces the outstanding principal (face value) of each debenture, alongside an interest payment. Debenture holders will receive partial principal repayment and accrued interest on or around the record date. Post-redemption, the debentures will continue trading at their reduced face values. The impact is limited to existing investors in these specific instruments and does not affect broader equity or other debt markets.
Impact Justification
Routine part redemption and interest payment event affecting two NCD series of Vertis Infrastructure Trust; directly impacts debenture holders with reduced face values effective 16 March 2026, but limited broader market significance.