Mumbai: Ahmedabad Ring Road Infrastructure Limited has announced the part redemption of its Non-Convertible Debentures (NCDs), along with the payment of interest. This will affect the trading of the company’s debentures, which will have a reduced face value from the record date onwards.
Record Date and Purpose
The company has fixed the record date for this event as 15th April 2025. On this date, part redemption of the debentures will take place, and interest payments will be made. As a result, the trading of these debentures will reflect a reduced face value starting from 15th April 2025.
Details of the Reduced Face Value
Each debenture will have a reduced face value of Rs. 74,240 after the part redemption. Trading members are advised that the debentures will be listed with this new value in all subsequent trades.
Settlement Number
The effective date and settlement number for the new reduced face value will be DR-610/2025-2026, ensuring a smooth transition during the trade process.
