Description
Trading in BERAR FINANCE LTD debentures to resume with revised face value of Rs.6666.67 following clarification on partial redemption purpose.
Summary
BSE announces the resumption of trading in debentures of BERAR FINANCE LTD (Scrip Code 976143) with effect from August 4, 2025, following 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
- Revised face value of Rs.6666.67 per debenture after partial redemption
- Clarification provided that June 13, 2025 record date was for interest payment and partial redemption only
- Previous suspension was based on incorrect assumption of full redemption
Regulatory Changes
No new regulatory changes introduced. This is a clarification and correction of previously communicated corporate action details.
Compliance Requirements
- Trading members must note the revised face value for trading purposes
- All trading in these debentures to reflect the new face value of Rs.6666.67
Important Dates
- June 13, 2025: Record date for interest payment and partial redemption
- August 4, 2025: Trading resumption date with revised face value
- August 1, 2025: Notice publication date
Impact Assessment
Medium impact on debt segment participants holding or trading BERAR FINANCE debentures. The clarification resolves uncertainty and allows continued trading with adjusted parameters. Market liquidity for this specific scrip will resume with the corrected face value reflecting the partial redemption.
Impact Justification
Affects specific debenture trading with revised face value following corporate action clarification