Description
ELECTRONICA FINANCE LIMITED announces part redemption of debentures with reduced face value effective August 14, 2025.
Summary
ELECTRONICA FINANCE LIMITED has announced part redemption of its non-convertible debentures with a record date of August 16, 2025. Trading will commence with reduced face value of Rs. 33,333.33 per debenture effective August 14, 2025.
Key Points
- Company: ELECTRONICA FINANCE LIMITED
- Debenture Code: EFL-10.48%-5-9-26-PVT (INE612U07092)
- Record Date: August 16, 2025
- Purpose: Part redemption of debentures and interest payment
- Reduced face value: Rs. 33,333.33 per debenture
- Effective date: August 14, 2025 (Settlement No. DR-695/2025-2026)
Regulatory Changes
Trading in the company’s debentures will be conducted with the reduced face value effective from the specified date.
Compliance Requirements
Trading members are required to note the change in face value for trading purposes from the effective date.
Important Dates
- August 14, 2025: Effective date for trading with reduced face value
- August 16, 2025: Record date for part redemption and interest payment
Impact Assessment
The part redemption will affect existing debenture holders who will receive partial repayment of principal along with interest payment. Trading will continue with the reduced face value, affecting the market price and liquidity of these securities.
Impact Justification
Part redemption affects debenture holders with reduced face value and interest payment