977323 - Stock Market Circularshttps://rhnvrm.github.io/stock-market-circulars/stocks/977323/Regulatory circulars from NSE, BSE, and SEBI with AI-powered summariesHugo -- gohugo.ioen-usFri, 08 May 2026 00:00:00 +0000Part Redemption of Non-Convertible Debentures - Record Dates for 7 Companieshttps://rhnvrm.github.io/stock-market-circulars/circulars/bse/2026/bse-2026-05-08-26aecca542ea990d-part-redemption-of-debentures-of-the-companies/Fri, 08 May 2026 15:54:07 +0000https://rhnvrm.github.io/stock-market-circulars/circulars/bse/2026/bse-2026-05-08-26aecca542ea990d-part-redemption-of-debentures-of-the-companies/BSE notifies trading members of record dates and reduced face values for part redemption of non-convertible debentures of seven companies, effective May 12–16, 2026.bselistingmediummediummedium26aecca542ea990dhttps://www.bseindia.com/downloads/UploadDocs/Notices/20260508-38/20260508-38.pdf977323976923977293977076974895976306976402debenturespart-redemptionnon-convertible-debenturescorporate-actionsrecord-datereduced-face-valuedebt-segmentlisting-operationsSummary

BSE Notice No. 20260508-38 informs trading members that seven companies have fixed record dates for part redemption (and interest payment) of their Non-Convertible Debentures (NCDs). Trading in the affected debentures will occur at reduced face values from the respective ex-dates.

Key Points

  • Seven NCD issuers have set record dates between 12 May and 16 May 2026 for part redemption.
  • Trading in each debenture will be conducted at the reduced face value from the applicable ex-date.
  • All settlements fall under DR series 628–631 for FY 2026-2027.
  • The circular covers privately placed NCDs across finance, real estate, telecom, and NBFC sectors.

Regulatory Changes

No new regulatory framework is introduced. This is a standard listing operations notice under BSE’s debt segment procedures for corporate actions involving NCD part redemption.

Compliance Requirements

  • Trading members must note the reduced face values and update their systems accordingly from the respective ex-dates.
  • Trades executed on or after the ex-date must reflect the revised (reduced) face value per debenture.

Important Dates

Scrip Code Company ISIN Record Date Ex Date Reduced Face Value
977323 India Shelter Finance Corporation Ltd INE922K07112 12/05/2026 12/05/2026 Rs. 90,000/- per debenture
976923 Lodha Developers Limited INE670K07307 13/05/2026 13/05/2026 Rs. 79,055/- per debenture
977293 Lodha Developers Limited INE670K07349 13/05/2026 13/05/2026 Rs. 67,876/- per debenture
977076 SRG Housing Finance Limited INE559N07058 14/05/2026 14/05/2026 Rs. 86,363.64 per debenture
974895 Ascend Telecom Infrastructure Pvt Ltd INE889K08038 15/05/2026 15/05/2026 Rs. 75,000/- per debenture
976306 Akara Capital Advisors Pvt Ltd INE08XP07274 16/05/2026 15/05/2026 Rs. 35,000/- per debenture
976402 Kanakadurga Finance Limited INE104W07195 16/05/2026 15/05/2026 Rs. 33,333/- per debenture

Impact Assessment

This notice has medium operational impact on debt-segment participants holding these NCDs. Traders and custodians must update face values in their systems before the respective ex-dates to ensure accurate settlement. The reductions in face value reflect partial principal repayments by the issuers. Lodha Developers has two debenture series maturing on the same record date (13 May), requiring attention to both ISINs separately. No equity market impact is expected.

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