Description
BSE notifies trading members of record dates and reduced face values for part redemption of non-convertible debentures/bonds of Edelweiss Rural & Corporate Services, Ambit Finvest, IOT Utkal Energy Services, and Lodha Developers.
Summary
BSE Notice No. 20260408-44 informs trading members that the following companies have fixed record dates for payment of interest and/or part redemption on their non-convertible debentures/bonds. Trading in these debentures will be conducted at reduced face values effective from the respective ex-dates.
Key Points
- Seven NCD/bond scrips across four companies are affected
- Record dates fall between 10 April 2026 and 14 April 2026
- Trading will continue with reduced face values from the ex-date onwards
- All settlements fall under DR series 608/2026-2027 or 609/2026-2027
- Signed by Marian Dsouza, Assistant Vice President – Listing Compliance and Operations
Regulatory Changes
No new regulatory changes. This is a standard operational notice under BSE’s debt segment listing compliance framework for part redemption events.
Compliance Requirements
- Trading members must note the reduced face values effective from the respective ex-dates
- Trades from ex-date onwards must reflect the new reduced face value for each scrip
- Members should update their systems accordingly for the affected ISINs
Important Dates
| Scrip Code | Company | ISIN | Record Date | Ex Date | Reduced Face Value |
|---|---|---|---|---|---|
| 975667 | Edelweiss Rural & Corporate Services Ltd | INE657N08066 | 10/04/2026 | 10/04/2026 | Rs. 19,236.84 per debenture |
| 976947 | Ambit Finvest Private Limited | INE985V07108 | 10/04/2026 | 10/04/2026 | Rs. 74,998 per debenture |
| 950199 | IOT Utkal Energy Services Limited | INE310L07985 | 13/04/2026 | 13/04/2026 | Rs. 56,547.54 per debenture |
| 950213 | IOT Utkal Energy Services Limited | INE310L07894 | 13/04/2026 | 13/04/2026 | Rs. 75,000 per debenture |
| 952676 | IOT Utkal Energy Services Limited | INE310L07AE1 | 13/04/2026 | 13/04/2026 | Rs. 17,709 per debenture |
| 976923 | Lodha Developers Limited | INE670K07307 | 14/04/2026 | 13/04/2026 | Rs. 80,476 per debenture |
| 977293 | Lodha Developers Limited | INE670K07349 | 14/04/2026 | 13/04/2026 | Rs. 82,067.84 per debenture |
Impact Assessment
This notice has a medium impact on debenture holders of the seven listed scrips, as face values will be reduced following part redemption. Equity markets are not directly affected. Debt segment participants and portfolio managers holding these NCDs should note the revised face values for valuation and settlement purposes. IOT Utkal Energy Services is the most affected issuer with three separate NCD series undergoing part redemption simultaneously.
Impact Justification
Routine debt segment corporate action notice affecting NCD holders of seven scrips across four companies; trading will continue with reduced face values post ex-date.