Description

BSE notifies trading members that Watermarke Estates Private Limited has fixed a record date of March 16, 2026 for part redemption of non-convertible debentures and payment of interest, with trading to continue at reduced face value from the same date.

Summary

BSE has notified trading members that Watermarke Estates Private Limited has fixed March 16, 2026 as the record date for part redemption of its Non-Convertible Debentures (NCDs) and simultaneous payment of interest. Effective from the record date, trading in these debentures will be conducted at a reduced face value of Rs. 46,875 per debenture under Settlement No. DR-840/2025-2026.

Key Points

  • Company: Watermarke Estates Private Limited
  • Scrip Code: WEPL-30-9-28-PVT | ISIN: INE07J407014 (975266)
  • Record Date: March 16, 2026
  • Purpose: Part Redemption of Debentures and Payment of Interest
  • Reduced Face Value: Rs. 46,875 per debenture
  • Effective Date for Reduced Face Value: March 16, 2026
  • Settlement Number: DR-840/2025-2026

Regulatory Changes

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

Compliance Requirements

  • Trading members must note that from March 16, 2026, all trades in WEPL-30-9-28-PVT debentures must reflect the reduced face value of Rs. 46,875 per debenture.
  • Members should update their systems to account for the revised face value effective from Settlement No. DR-840/2025-2026.

Important Dates

  • Record Date: March 16, 2026
  • Effective Date for Reduced Face Value Trading: March 16, 2026
  • Settlement Reference: DR-840/2025-2026
  • Notice Date: March 13, 2026

Impact Assessment

This circular primarily affects holders and traders of Watermarke Estates Private Limited’s privately placed NCDs (ISIN INE07J407014). The part redemption reduces the face value to Rs. 46,875 per debenture, which will impact the trading price and valuation of these instruments from the effective date. The impact is limited to participants in the debt segment holding or trading this specific debenture series. No broader market impact is anticipated.

Impact Justification

Routine part redemption of privately placed NCDs affecting holders of Watermarke Estates debentures (ISIN INE07J407014); trading will continue at a reduced face value of Rs.46,875 per debenture from March 16, 2026.