Description
BSE notifies trading members of part redemption and interest payment record dates for non-convertible debentures/bonds of 10 companies, with trading in these instruments to continue at reduced face values from respective ex-dates.
Summary
BSE Notice No. 20260429-6 informs trading members that 10 companies have fixed record dates for payment of interest and/or part redemption on their non-convertible debentures (NCDs) and bonds. Trading in these debentures/bonds will continue with reduced face values effective from the respective ex-dates.
Key Points
- Ten companies across the debt segment have scheduled part redemptions of NCDs/bonds between May 4 and May 29, 2026
- Trading in affected debentures will be conducted at reduced face values from the respective ex-dates
- All ex-dates coincide with record dates, indicating same-day settlement basis
- Settlement DRs span series 622/2026-2027 through 640/2026-2027
- Issued by Marian Dsouza, Assistant Vice President – Listing Compliance and Operations
Regulatory Changes
No new regulatory changes introduced. This is a standard operational notice under existing BSE listing and debt segment framework for corporate actions on privately placed NCDs.
Compliance Requirements
- Trading members must note updated (reduced) face values for all listed debentures from their respective ex-dates
- Members should ensure trades in these instruments reflect the reduced face values post ex-date
- Members are advised to update their systems accordingly for each scrip code listed
Important Dates
| Scrip Code | Company | ISIN | Record Date / Ex Date | Reduced Face Value |
|---|---|---|---|---|
| 975161 | Star Housing Finance Limited | INE526R07017 | 04/05/2026 | Rs. 26,190.49 per debenture |
| 950201 | IOT Utkal Energy Services Limited | INE310L07993 | 13/05/2026 | Rs. 48,446.33 per debenture |
| 950214 | IOT Utkal Energy Services Limited | INE310L07902 | 13/05/2026 | Rs. 75,000 per debenture |
| 952676 | IOT Utkal Energy Services Limited | INE310L07AE1 | 13/05/2026 | Rs. 17,254 per debenture |
| 976481 | Aptus Finance India Private Limited | INE04MH07059 | 22/05/2026 | Rs. 68,750 per debenture |
| 977094 | Krazybee Services Ltd | INE07HK07833 | 26/05/2026 | Rs. 75,000 per debenture |
| 974185 | Vastu Housing Finance Corporation Limited | INE459T07207 | 27/05/2026 | Rs. 62,500 per debenture |
| 977098 | Unigold Finance Limited | INE0O7U07012 | 27/05/2026 | Rs. 5,000 per debenture |
| 976439 | Moneyboxx Finance Limited | INE296Q07076 | 29/05/2026 | Rs. 58,333.33 per debenture |
| 977183 | NeoGrowth Credit Private Limited | INE814O07576 | 29/05/2026 | Rs. 75,000 per debenture |
Impact Assessment
This notice has a moderate operational impact on debt market participants. NCD holders of the 10 listed companies will see a reduction in the face value of their holdings, reflecting the partial repayment of principal. IOT Utkal Energy Services Limited is notable for having three separate debenture series undergoing part redemption on the same date (13/05/2026). Trading members operating in the debt segment must update their systems to reflect reduced face values from the respective ex-dates to avoid pricing discrepancies. The notice does not impact equity markets or equity trading members.
Impact Justification
Routine debt segment corporate action notice affecting NCD holders of 10 companies. Trading members must note reduced face values from respective ex-dates; impacts debt market participants and NCD investors but is standard operational notification.