Mumbai: DLF Cyber City Developers Limited will make a part redemption of its Non-Convertible Debentures (NCDs) and pay interest to debenture holders. The company has fixed April 21, 2025, as the record date for this purpose.
From this date, the debentures will be traded at a reduced face value of Rs. 89,450 per debenture. The original value is being reduced due to the part redemption. This means that part of the principal amount will be returned to investors, along with interest.
The debentures affected carry the code DLFCDL-RR-17-8-33-PVT INE186K07080 (975083). The new reduced face value will also be effective from April 21, 2025. This change is part of a scheduled financial action by the company, as mentioned in Settlement No. DR-613/2025-2026.
Investors holding these NCDs on the record date will receive both the part redemption amount and interest. After this, trading in these debentures will happen at the new lower value.
This is a routine process companies follow to return money to investors in phases before full maturity.
