Description
Trading in BERAR FINANCE LTD debentures to resume with revised face value of Rs.6666.67 following clarification on record date purpose.
Summary
BSE announces the resumption of trading in debentures of BERAR FINANCE LTD (Scrip Code 976143) with a revised face value of Rs.6666.67 per debenture, effective August 4, 2025. This follows clarification that the June 13, 2025 record date was for interest payment and partial redemption, not full redemption.
Key Points
- Trading in BERAR FINANCE LTD debentures (Scrip Code 976143) to resume
- New face value set at Rs.6666.67 per debenture
- Previous record date of June 13, 2025 was for interest payment and partial redemption
- Company clarified the purpose was not for full redemption of debentures
Regulatory Changes
No new regulatory changes introduced. This is a clarification and adjustment following corporate action completion.
Compliance Requirements
Trading members must note the revised face value for trading purposes and update their systems accordingly for the resumed trading.
Important Dates
- Record Date: June 13, 2025 (for interest payment and partial redemption)
- Trading Resumption Date: August 4, 2025
- Notice Date: August 1, 2025
Impact Assessment
Limited impact restricted to holders and traders of BERAR FINANCE LTD debentures. The face value revision reflects the partial redemption that occurred, allowing for continued trading of the remaining debenture portion.
Impact Justification
Affects specific debt security trading with face value adjustment