Description
Notice regarding part redemption of non-convertible debentures with reduced face value from Rs. 25,000 per debenture effective August 20, 2025.
Summary
SATYA MICROCAPITAL LIMITED has announced part redemption of its non-convertible debentures along with interest payment. The company has set August 20, 2025 as the record date for determining eligible debenture holders. Trading in these debentures will continue with a reduced face value of Rs. 25,000 per debenture effective from the same date.
Key Points
- Company: SATYA MICROCAPITAL LIMITED
- Debenture Code: SML-12%-28-2-26-PVT
- ISIN: INE982X07424 (975440)
- Record date: August 20, 2025
- Purpose: Part redemption and interest payment
- New reduced face value: Rs. 25,000 per debenture
- Effective date: August 20, 2025
- Settlement number: DR-698/2025-2026
Regulatory Changes
No regulatory framework changes. This is a standard corporate action procedure for debt securities.
Compliance Requirements
- Trading members must note the reduced face value effective from August 20, 2025
- All trading in the debentures must reflect the new face value from the effective date
- Settlement procedures must align with the specified settlement number DR-698/2025-2026
Important Dates
- August 20, 2025: Record date for part redemption and interest payment
- August 20, 2025: Effective date for trading with reduced face value
Impact Assessment
This corporate action has limited market impact as it affects only holders of specific debentures of SATYA MICROCAPITAL LIMITED. The part redemption will reduce the outstanding debt securities and modify trading parameters. Existing debenture holders will receive partial redemption proceeds and accrued interest as per the record date eligibility.
Impact Justification
Corporate action affecting specific debenture holders with clear procedural impact but limited market-wide significance