VDPL-10.70%-31-3-35-PVT - Stock Market Circularshttps://rhnvrm.github.io/stock-market-circulars/stocks/vdpl-10.70-31-3-35-pvt/Regulatory circulars from NSE, BSE, and SEBI with AI-powered summariesHugo -- gohugo.ioen-usMon, 18 May 2026 00:00:00 +0000Part Redemption of Debentures of VR Dakshin Pvt Ltd - Revised Face Valuehttps://rhnvrm.github.io/stock-market-circulars/circulars/bse/2026/bse-2026-05-18-6e16d88cca1489e4-part-redemption-of-debentures-of-vr-dakshin-pvt-ltd/Mon, 18 May 2026 10:43:54 +0000https://rhnvrm.github.io/stock-market-circulars/circulars/bse/2026/bse-2026-05-18-6e16d88cca1489e4-part-redemption-of-debentures-of-vr-dakshin-pvt-ltd/BSE notifies trading members of revised face value for three VR Dakshin Pvt Ltd debenture series following part redemption, effective May 19, 2026.bselistingmediummediummedium6e16d88cca1489e4https://www.bseindia.com/downloads/UploadDocs/Notices/20260518-16/20260518-16.pdfVRDPL-TBILL+SPREAD-31-3-35-PVTVDPL-10.70%-31-3-35-PVTVDPL-MIBOR+SPREAD-31-3-35-PVTdebenturespart-redemptionface-value-revisiondebt-segmentcorporate-actionsvr-dakshinlisting-operationsSummary

BSE has issued Notice No. 20260518-16 informing trading members that VR Dakshin Pvt Ltd has communicated a revised (reduced) face value for three of its privately placed debenture series following part redemption. The reduced face value of Rs. 93,666.67 per debenture applies to all three series and takes effect from May 19, 2026.

Key Points

  • VR Dakshin Pvt Ltd has carried out a part redemption of debentures across three ISIN codes
  • All three series have a revised face value of Rs. 93,666.67 per debenture post-redemption
  • The change is effective from May 19, 2026 (Reference: DR-633/2026-2027)
  • Trading members must note the reduced face value for trading purposes
  • No attachments were included with this notice

Regulatory Changes

The face value of the following debenture series has been reduced due to part redemption:

Scrip Name ISIN Scrip Code Revised Face Value
VRDPL-TBILL+SPREAD-31-3-35-PVT INE084S07049 974772 Rs. 93,666.67
VDPL-10.70%-31-3-35-PVT INE084S07031 974773 Rs. 93,666.67
VDPL-MIBOR+SPREAD-31-3-35-PVT INE084S07056 974774 Rs. 93,666.67

Compliance Requirements

  • Trading members are required to update their systems to reflect the revised face value of Rs. 93,666.67 per debenture for all three series
  • All trades in these debentures from May 19, 2026 onwards must use the reduced face value
  • Members must take note of the change and ensure correct pricing and settlement

Important Dates

  • Notice Date: May 18, 2026
  • Effective Date for Revised Face Value: May 19, 2026

Impact Assessment

This notice has a moderate impact limited to debt segment participants holding or trading VR Dakshin Pvt Ltd debentures. The part redemption reduces the outstanding principal (face value) per debenture from the original amount to Rs. 93,666.67, which will affect accrued interest calculations, settlement amounts, and pricing benchmarks for these instruments. The three series cover floating rate (T-Bill spread), fixed rate (10.70%), and MIBOR-linked debentures, all maturing on March 31, 2035. Holders should reassess valuations accordingly.

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