Description
Trading in BERAR FINANCE LTD debentures to resume with adjusted face value of Rs.6666.67 following clarification on record date purpose.
Summary
BSE has announced the resumption of trading in debentures of BERAR FINANCE LTD (Scrip Code 976143) with an adjusted face value of Rs.6666.67, effective August 4, 2025. This follows clarification that the June 13, 2025 record date was for interest payment and partial redemption, not full redemption as previously communicated.
Key Points
- Trading in BERAR FINANCE LTD debentures (Scrip Code 976143) will resume on August 4, 2025
- New face value adjusted to Rs.6666.67 from previous value
- Clarification provided on June 13, 2025 record date purpose
- Record date was for interest payment and partial redemption, not full redemption
- Original suspension notice was dated June 3, 2025 (Notice No. 20250603-6)
Regulatory Changes
No new regulatory changes introduced. This is a clarification and resumption notice correcting previous communication about the nature of the corporate action.
Compliance Requirements
- Trading members must note the adjusted face value of Rs.6666.67 for the debentures
- All trading activities must comply with the new face value effective August 4, 2025
Important Dates
- Record Date: June 13, 2025 (for interest payment and partial redemption)
- Trading Resumption: August 4, 2025
- Notice Date: August 1, 2025
Impact Assessment
Medium impact on debenture holders and traders of BERAR FINANCE LTD securities. The face value adjustment reflects the partial redemption, affecting the trading value and market perception of these debentures. Trading resumption provides liquidity restoration for existing holders.
Impact Justification
Affects specific debenture trading with face value adjustment after clarification on corporate action