Description

BSE notifies trading members that Suruchi Properties Pvt Ltd has effected a partial redemption of debentures, reducing the face value to Rs. 81,014 per debenture, effective May 13, 2026.

Summary

BSE has informed trading members that Suruchi Properties Pvt Ltd has completed a partial redemption of its privately placed debentures (SPPL-10%-11-6-28-PVT, ISIN INE217T07027, scrip code 976775). As a result, the face value per debenture has been reduced to Rs. 81,014. The revised face value is effective for trading from May 13, 2026.

Key Points

  • Company: Suruchi Properties Pvt Ltd
  • Debenture series: SPPL-10%-11-6-28-PVT
  • ISIN: INE217T07027
  • Scrip Code: 976775
  • Reduced face value post partial redemption: Rs. 81,014 per debenture
  • Effective date for trading at reduced face value: May 13, 2026
  • Reference: DR-629/2026-2027

Regulatory Changes

No new regulatory changes introduced. This is a standard operational notice under BSE’s Listing Operations & Compliance framework reflecting the updated face value following a partial redemption event.

Compliance Requirements

Trading members are required to take note of the revised face value of Rs. 81,014 per debenture and ensure all trades in scrip code 976775 (SPPL-10%-11-6-28-PVT) are executed at the reduced face value with effect from May 13, 2026.

Important Dates

  • Notice Date: May 12, 2026
  • Effective Date (trading at reduced face value): May 13, 2026

Impact Assessment

This notice has a contained impact limited to holders and traders of the specific debenture series SPPL-10%-11-6-28-PVT issued by Suruchi Properties Pvt Ltd. The partial redemption reduces the outstanding principal per debenture, lowering the face value to Rs. 81,014. Traders must update their systems to reflect the new face value to avoid settlement discrepancies. There is no broader market impact as this is a single privately placed debt instrument.

Impact Justification

Routine partial redemption notice affecting a single privately placed debenture series; directly impacts holders of SPPL-10%-11-6-28-PVT (scrip code 976775) by reducing the tradeable face value from the original to Rs. 81,014 per debenture.