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 of Rs. 380,280 per debenture.

Summary

BSE has notified trading members that Adani Green Energy (UP) Limited has fixed a record date of 16 March 2026 for the purpose of payment of interest and part redemption of its Non-Convertible Debentures (NCDs). Post the record date, trading in these debentures will take place at a reduced face value of Rs. 380,280 per debenture effective 16 March 2026 under settlement DR-840/2025-2026.

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: 16 March 2026
  • Settlement Number: DR-840/2025-2026

Regulatory Changes

No new regulatory changes. This is a scheduled corporate action under existing BSE debt market framework for privately placed NCDs.

Compliance Requirements

  • Trading members must note the reduced face value effective 16 March 2026 for all trades in these debentures.
  • All transactions on or after 16 March 2026 must reflect the revised face value of Rs. 380,280 per debenture.
  • Members should update their systems to reflect the new face value under settlement DR-840/2025-2026.

Important Dates

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

Impact Assessment

This part redemption affects holders of Adani Green Energy (UP) Limited’s privately placed NCDs (ISIN INE155V07025). The face value per debenture will be reduced to Rs. 380,280 following the part redemption, indicating a significant principal repayment. Impact is confined to institutional and high-net-worth participants in the BSE debt segment who hold these privately placed instruments. Retail market impact is minimal given the private placement nature of the debenture.

Impact Justification

Routine part redemption of privately placed NCDs affecting existing debenture holders; reduces face value significantly but is a scheduled corporate action limited to debt segment participants.