Description
MUTHOOT CAPITAL SERVICES LTD. has fixed record date for interest payment and part redemption of non-convertible debentures with reduced face value effective August 14, 2025.
Summary
MUTHOOT CAPITAL SERVICES LTD. has announced a part redemption of its non-convertible debentures along with interest payment. The company has fixed August 17, 2025 as the record date for determining eligible debenture holders. Trading in the debentures will commence with a reduced face value of Rs. 62,500 per debenture effective August 14, 2025.
Key Points
- Company: MUTHOOT CAPITAL SERVICES LTD. (Code: MCSL)
- Debenture ISIN: INE296G07226 (976213)
- Record date: August 17, 2025
- Purpose: Part redemption of debentures and payment of interest
- New face value: Rs. 62,500 per debenture
- Effective date for reduced face value trading: August 14, 2025
- Settlement number: DR-695/2025-2026
Regulatory Changes
No regulatory changes announced in this circular.
Compliance Requirements
Trading members are required to note that trading in the debentures will be conducted with the reduced face value from the effective date mentioned.
Important Dates
- August 14, 2025: Effective date for trading with reduced face value (Settlement DR-695/2025-2026)
- August 17, 2025: Record date for part redemption and interest payment eligibility
Impact Assessment
This corporate action will result in a reduction of the face value of MUTHOOT CAPITAL SERVICES LTD. debentures to Rs. 62,500 per debenture. Existing debenture holders will receive partial redemption proceeds and interest payments based on their holdings as of the record date. The reduced face value will affect the trading dynamics and pricing of these debt securities in the secondary market.
Impact Justification
Corporate action affecting debenture holders with specific financial impact on face value