Description
MONEYBOXX FINANCE LIMITED has fixed record date for interest payment and part redemption of non-convertible debentures with reduced face value effective August 19, 2025.
Summary
MONEYBOXX FINANCE LIMITED has announced the part redemption of its non-convertible debentures along with interest payment. The company has set August 19, 2025 as the record date, and trading in the debentures will commence with a reduced face value from the same date.
Key Points
- Record date fixed for August 19, 2025
- Purpose: Part redemption of debentures and payment of interest
- Debenture code: MFL-12%-3-3-27-PVT (ISIN: INE296Q07092, BSE Code: 976465)
- New reduced face value: Rs. 75,000 per debenture
- Effective date for reduced face value trading: August 19, 2025
- Settlement number: DR-697/2025-2026
Regulatory Changes
No regulatory framework changes announced in this circular.
Compliance Requirements
- Trading members must note the change in face value effective from August 19, 2025
- All trading in MONEYBOXX FINANCE debentures will be conducted at the reduced face value
- Members should update their systems to reflect the new face value parameters
Important Dates
- Record Date: August 19, 2025
- Effective Date for Reduced Face Value: August 19, 2025
- Settlement: DR-697/2025-2026
Impact Assessment
This corporate action will impact existing debenture holders of MONEYBOXX FINANCE LIMITED. The reduction in face value from the original amount to Rs. 75,000 per debenture indicates a partial redemption, providing liquidity to investors while maintaining their investment in the remaining portion. Trading members need to adjust their systems and processes to accommodate the new face value for seamless trading operations.
Impact Justification
Affects debenture holders of MONEYBOXX FINANCE with face value reduction and redemption process