Kolte - Patil Developers Ltd, Announces Part Redemption Of Debentures

Kolte - Patil Developers will redeem part of its debentures on March 28, 2025, and the face values of the debentures will be reduced accordingly.

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Manoj Yadav Updated: Thursday, March 27, 2025, 04:54 PM IST
Record Date for Debenture Redemption | Photo-ANI
 |

Record Date for Debenture Redemption | Photo-ANI |

Mumbai: Kolte - Patil Developers Ltd has announced the record date for the part redemption of its Non-Convertible Debentures (NCDs). The record date is set for March 28, 2025, and the trading in debentures will take place with a reduced face value from that date.

Details of the Redemption

The redemption applies to the following debenture codes:

KPDL-ZC-17-4-33-PVT

ISIN: INE094I07049

Reduced face value: Rs. 82,254 per debenture

KPDL-21-12-33-PVT

ISIN: INE094I07064

Reduced face value: Rs. 84,032 per debenture

KPDL-ZC-20-9-34-PVT

ISIN: INE094I07072

Reduced face value: Rs. 91,055 per debenture

Effective Date and Settlement

The part redemption will be effective from March 28, 2025, and the settlement number for these changes will be DR-601/2025-2026.

This means that from the effective date, investors will notice the reduced face value when trading the debentures.

Published on: Thursday, March 27, 2025, 05:45 PM IST

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