Description
MONEYBOXX FINANCE LIMITED fixes record date for part redemption of debentures and interest payment with reduced face value effective August 8, 2025.
Summary
MONEYBOXX FINANCE LIMITED has announced a part redemption of its non-convertible debentures along with interest payment. The company has fixed August 9, 2025 as the record date for determining eligible debenture holders. Trading in the debentures will commence with a reduced face value of Rs. 12,500 per debenture effective August 8, 2025.
Key Points
- Company: MONEYBOXX FINANCE LIMITED
- Debenture Code: MFL-13.15%-23-11-25-PVT (ISIN: INE296Q07043)
- BSE Code: 975220
- Record Date: August 9, 2025
- Purpose: Part redemption of debentures and interest payment
- New face value: Rs. 12,500 per debenture
- Effective date: August 8, 2025
- Settlement number: DR-691/2025-2026
Regulatory Changes
No regulatory framework changes. This is a standard corporate action for debt securities involving partial redemption of principal amount.
Compliance Requirements
- Trading members must note the reduced face value effective from August 8, 2025
- All trading in these debentures must reflect the new face value of Rs. 12,500 per debenture
- Settlement processes must account for the part redemption and interest payment
Important Dates
- August 8, 2025: Effective date for reduced face value trading
- August 9, 2025: Record date for part redemption and interest payment
- Settlement: DR-691/2025-2026
Impact Assessment
This part redemption will reduce the outstanding principal amount of the debentures, affecting the investment value for holders. The reduced face value from the original amount to Rs. 12,500 indicates a significant partial repayment. Debenture holders on record date will receive both the redemption proceeds and accrued interest. Trading liquidity may be temporarily affected as market participants adjust to the new face value.
Impact Justification
Part redemption affects debenture holders' investments with reduced face value, requiring trading adjustments