Description
BSE notifies trading members that Kolte-Patil Developers Ltd has fixed a record date of 02/05/2026 for part redemption of five series of Non-Convertible Debentures, with trading in reduced face value effective from 30/04/2026.
Summary
BSE Notice No. 20260428-49 informs trading members that Kolte-Patil Developers Ltd has fixed 02 May 2026 as the record date for part redemption of five series of Non-Convertible Debentures (NCDs). Trading in all five debenture scrips will occur at a reduced face value effective 30 April 2026 (ex-date), in line with Settlement No. 621/2026-2027.
Key Points
- Five NCD series of Kolte-Patil Developers Ltd are subject to part redemption under the same settlement reference (621/2026-2027).
- Record date for all five series: 02 May 2026.
- Ex-date for all five series: 30 April 2026 — trading switches to reduced face value from this date.
- The debentures are privately placed (PVT) instruments listed on BSE’s Debt segment.
- Reduced face values differ per series, ranging from Rs. 39,917 to Rs. 96,011 per debenture.
Regulatory Changes
No new regulatory framework introduced. This is a standard corporate action notification under BSE’s Listing Compliance and Operations department, requiring adjustment to face value on the ex-date.
Compliance Requirements
- Trading members must note and update systems to reflect reduced face values for the five scrips from 30 April 2026.
- All trades on or after the ex-date (30 April 2026) will be executed at the respective reduced face values.
Important Dates
| Event | Date |
|---|---|
| Notice Date | 28 April 2026 |
| Ex-Date (Reduced Face Value effective) | 30 April 2026 |
| Record Date | 02 May 2026 |
Impact Assessment
Affected Scrips
| Scrip Code | Scrip ID | ISIN | Reduced Face Value |
|---|---|---|---|
| 974771 | KPDL-ZC-17-4-33-PVT | INE094I07049 | Rs. 53,502 per debenture |
| 975276 | KPDL-21-12-33-PVT | INE094I07064 | Rs. 39,917 per debenture |
| 976030 | KPDL-ZC-20-9-34-PVT | INE094I07072 | Rs. 49,106 per debenture |
| 977231 | KPDL-15-10-35-PVT | INE094I07080 | Rs. 94,343 per debenture |
| 977351 | KPDL-ZC-30-10-35-PVT | INE094I07098 | Rs. 96,011 per debenture |
Impact is limited to existing holders of these five privately placed NCD series. Part redemption reduces the outstanding principal, reflected in lower face values post ex-date. Broader equity market impact is minimal; however, debenture holders should reassess yield calculations and portfolio valuations accordingly.
Impact Justification
Routine corporate action affecting five NCD series of Kolte-Patil Developers Ltd; relevant only to holders of these specific privately placed debentures with a near-term ex-date of 30 April 2026.