Now Reading: Dolat Algotech sets 13 November record date for CP redemption
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Dolat Algotech sets 13 November record date for CP redemption
The Story in Brief
Dolat Algotech has set 13 November 2026 as the record date for the redemption of a commercial paper that matures on 16 November 2026. The company filed the certificate with the BSE and NSE, stating that holders of the CP on the record date will receive the redemption payment. The disclosure follows an earlier intimation on 24 October 2026 and complies with the SEBI Master Circular issued on 15 October 2025.
The company also redeemed commercial paper worth ₹5 crore on 27 October 2026, meeting that due date in full. It had fixed 2 November and 5 November as record dates for two other CP tranches maturing on 3 November and 6 November respectively. All filings were signed by company secretary Sandeepkumar G. Bhanushali.
Indian Opinion Analysis
Dolat Algotech has three CP maturities due within two weeks starting 3 November, and the same company secretary signed filings for all of them under the October 2025 SEBI Master Circular. With the redemption amount for the October tranche confirmed as ₹5 crore, the combined liability for 3, 6 and 16 November is at least that much. An investor reading the filings must track whether each payment is met on its maturity date, since the BSE and NSE disclosures are the only public confirmation of actual payout. Dolat Algotech has not stated how it will refinance or replace these instruments after the last maturity on 16 November.
Source: scanx.trade
This brief was synthesised by AI from the source linked above. Methodology and corrections.
