Description
STAR HOUSING FINANCE LIMITED has fixed record date for part redemption and interest payment on debentures with reduced face value effective August 4, 2025.
Summary
STAR HOUSING FINANCE LIMITED has announced part redemption of its Non-Convertible Debentures along with interest payment. The company has fixed August 4, 2025 as the record date, and trading will commence with reduced face value from the same date.
Key Points
- Company: STAR HOUSING FINANCE LIMITED
- Debenture Code: SHFL-13.10%-19-4-27-PVT (INE526R07017)
- Security ID: 975161
- Record Date: August 4, 2025
- Purpose: Part redemption of debentures and interest payment
- New reduced face value: Rs. 47,619.058 per debenture
- Effective date: August 4, 2025
- Settlement number: DR-687/2025-2026
Regulatory Changes
Trading in the debentures will be conducted with the reduced face value effective from August 4, 2025, following the part redemption.
Compliance Requirements
Trading members must note the change in face value and ensure trading reflects the reduced denomination from the effective date.
Important Dates
- Record Date: August 4, 2025
- Effective Date for Reduced Face Value: August 4, 2025
- Notice Date: July 29, 2025
Impact Assessment
Debenture holders will receive partial redemption proceeds and interest payments. The significant reduction in face value (to Rs. 47,619.058) indicates a substantial redemption amount. Trading members need to adjust their systems for the new face value to ensure accurate trading and settlement.
Impact Justification
Affects debenture holders with face value reduction and trading implications