Explained on 26 October 2026. This is an educational answer drawn from the dated article below; examples are hypothetical unless a specific source observation is identified.
How it works
A maturity payment can combine principal and income, which should be reconciled separately. Using only the redemption principal misses whether the investor originally paid a premium or discount. The actual terms also determine whether assumed par redemption is appropriate.
A simple example
A hypothetical bond bought for ₹1,02,000 and redeeming ₹1,00,000 has a minus ₹2,000 price component before interest and costs. One bought for ₹98,000 has a different price component. Both still need the dated interest cash flows for a complete return calculation.
What to check
- Keep principal, price and income in separate lines.
- Read the actual redemption terms.
- Use all dated cash flows for investor return.
Read the full event and evidence
Piramal’s 905PFL26 Trading Suspension: The Notice Says Maturity, Not Default explains the original event, its dates and the supporting documents. Event context: 16 October notice; suspension from 19 October 2026.