Description
INCRED FINANCIAL SERVICES LIMITED has fixed record date for part redemption of debentures with reduced face value effective August 13, 2025.
Summary
INCRED FINANCIAL SERVICES LIMITED has announced part redemption of its Non-Convertible Debentures along with interest payment. The company has fixed August 13, 2025 as the record date for this purpose. Trading in the debentures will commence with reduced face value from the effective date.
Key Points
- Company: INCRED FINANCIAL SERVICES LIMITED
- Debenture Code: IFSL-9.90%-25-11-27-PVT (INE321N07475)
- BSE Code: 976209
- Record Date: August 13, 2025
- Purpose: Part redemption of debentures and payment of interest
- New reduced face value: Rs. 75,000.01 per debenture
- Effective date: August 13, 2025
- Settlement number: DR-694/2025-2026
Regulatory Changes
No new regulatory changes announced. This is a standard corporate action notification.
Compliance Requirements
- Trading members must note the reduced face value effective from August 13, 2025
- All trading in the specified debentures will be conducted at the new reduced face value
Important Dates
- Record Date: August 13, 2025 - for determining eligible debenture holders
- Effective Date: August 13, 2025 - trading commences with reduced face value
- Settlement: DR-694/2025-2026
Impact Assessment
This corporate action will affect existing debenture holders of INCRED FINANCIAL SERVICES LIMITED. The part redemption will return capital to investors while the reduced face value will reflect the new trading basis. Trading members need to adjust their systems to reflect the new face value for accurate trading and settlement.
Impact Justification
Corporate action affecting debenture holders with face value reduction