976025 - Stock Market Circularshttps://rhnvrm.github.io/stock-market-circulars/stocks/976025/Regulatory circulars from NSE, BSE, and SEBI with AI-powered summariesHugo -- gohugo.ioen-usFri, 10 Apr 2026 00:00:00 +0000Part Redemption of Non-Convertible Debentures - Record Dates April-May 2026https://rhnvrm.github.io/stock-market-circulars/circulars/bse/2026/bse-2026-04-10-1d0f9f90915ff06d-part-redemption-of-debentures-of-companies/Fri, 10 Apr 2026 07:38:17 +0000https://rhnvrm.github.io/stock-market-circulars/circulars/bse/2026/bse-2026-04-10-1d0f9f90915ff06d-part-redemption-of-debentures-of-companies/BSE notifies trading members that 11 debenture series across 8 companies have fixed record dates for part redemption of Non-Convertible Debentures, with trading to continue at reduced face values from the respective ex-dates.bselistingmediummediummedium1d0f9f90915ff06dhttps://www.bseindia.com/downloads/UploadDocs/Notices/20260410-11/20260410-11.pdf975083976025976402976653977601977602974290977435977310977613975918debenturespart-redemptioncorporate-actionsdebt-segmentncdreduced-face-valuerecord-dateex-datelisting-operationsSummary

BSE Notice No. 20260410-11 informs trading members that eight companies have fixed record dates for part redemption of their Non-Convertible Debentures (NCDs). From the respective ex-dates, trading in these debentures will occur at a reduced face value as specified for each scrip. The redemptions are spread across settlement cycles 610 through 620/2026-2027.

Key Points

  • 11 NCD series across 8 companies are undergoing part redemption
  • Trading will continue post-redemption at reduced face values from the ex-date onwards
  • All record dates and ex-dates coincide for each scrip
  • Redemptions span April 15 to April 29, 2026
  • Settlement references fall under cycles 610–620 of 2026-2027

Regulatory Changes

No new regulatory framework is introduced. This notice applies existing provisions under BSE’s Listing Operations department for corporate actions in the Debt segment, requiring trading members to update face values in their systems from the effective ex-date.

Compliance Requirements

  • Trading members must note the reduced face values effective from each respective ex-date
  • Systems must reflect updated face values for affected debenture scrips from the dates specified
  • Members holding or trading these NCDs must account for the part redemption in client positions and valuations

Important Dates

Scrip Code Company ISIN Record / Ex Date Reduced Face Value
975083 DLF Cyber City Developers Ltd INE186K07080 15 Apr 2026 Rs. 83,060/- per debenture
976025 DLF Cyber City Developers Ltd INE186K07106 15 Apr 2026 Rs. 93,150/- per debenture
976402 Kanakadurga Finance Ltd INE104W07195 15 Apr 2026 Rs. 37,500/- per debenture
976653 Keertana Finserv Ltd INE0NES07170 15 Apr 2026 Rs. 42,857.16/- per debenture
977601 Kodad Khammam Road Ltd INE0K4T07015 15 Apr 2026 Rs. 96,832/- per debenture
977602 Kodad Khammam Road Ltd INE0K4T07023 15 Apr 2026 Rs. 85,779/- per debenture
974290 Magnite Developers Pvt Ltd INE0M1Q07015 16 Apr 2026 Rs. 3,98,014/- per debenture
977435 Akara Capital Advisors Pvt Ltd INE08XP07456 17 Apr 2026 Rs. 66,666.68/- per debenture
977310 Achiievers Finance India Ltd INE065507BM2 20 Apr 2026 Rs. 58,333/- per debenture
977613 Achiievers Finance India Ltd INE065507BS9 20 Apr 2026 Rs. 91,667/- per debenture
975918 Fedbank Financial Services Ltd INE007N07058 29 Apr 2026 Rs. 56,250/- per debenture

Impact Assessment

This is a routine corporate action affecting holders of the listed NCD series in the BSE debt segment. Investors and trading members holding these debentures will see the face value of their holdings reduced accordingly following part redemption. The largest single face value reduction is for Magnite Developers (scrip 974290) at Rs. 3,98,014/- per debenture. DLF Cyber City has two separate NCD series undergoing simultaneous part redemption on April 15. The impact is confined to debt segment participants and does not affect equity markets.

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