Description

BSE notifies trading members of INDIGRID INFRASTRUCTURE TRUST's record date for part redemption and interest payment on two NCD series, with reduced face values effective 16 March 2026.

Summary

BSE has notified trading members that INDIGRID INFRASTRUCTURE TRUST has fixed 16 March 2026 as the record date for part redemption of Non-Convertible Debentures and payment of interest on two series. Trading in these debentures will occur with reduced face values effective from the same date under settlement DR-840/2025-2026.

Key Points

  • Record date for both NCD series: 16 March 2026
  • Two debenture series affected: IGT-7.70%-31-3-41-PVT (ISIN: INE219X07371, Code: 974781) and IGT-7.35%-31-3-38-INVIT (ISIN: INE219X07389, Code: 975036)
  • Purpose: Part Redemption of Debentures and Payment of Interest
  • Reduced face value for IGT-7.70%-31-3-41-PVT: Rs. 90,000 per debenture
  • Reduced face value for IGT-7.35%-31-3-38-INVIT: Rs. 85,712 per debenture
  • Effective settlement number: DR-840/2025-2026
  • Issued by: Marian Dsouza, Assistant Vice President – Listing Compliance and Operations

Regulatory Changes

No new regulatory changes. This is a standard corporate action notification under BSE’s debt segment compliance framework requiring trading with reduced face value post-record date.

Compliance Requirements

  • Trading members must ensure trades in the affected debenture series are executed at reduced face values effective 16 March 2026.
  • Members should update their systems to reflect the new reduced face values for both ISIN codes from the effective date.

Important Dates

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

Impact Assessment

This is a routine scheduled partial redemption affecting holders of two INDIGRID INFRASTRUCTURE TRUST NCD series on the BSE debt segment. Debenture holders will receive part repayment of principal along with interest on the record date. Post-redemption, the face value of the debentures will be reduced to Rs. 90,000 (IGT-7.70% series) and Rs. 85,712 (IGT-7.35% series) respectively. Market impact is limited to existing holders of these specific debt instruments; no broader equity or systemic impact is anticipated.

Impact Justification

Routine part redemption event affecting two NCD series of INDIGRID INFRASTRUCTURE TRUST on the BSE debt segment; impacts debenture holders with reduced face values but is a scheduled corporate action.