Description
VARTHANA FINANCE PRIVATE LIMITED has fixed record date for part redemption of debentures with reduced face value effective September 1, 2025.
Summary
VARTHANA FINANCE PRIVATE LIMITED has announced part redemption of its Non-Convertible Debentures with a record date of September 1, 2025. Trading in the debentures will commence with a reduced face value of Rs. 5000 per debenture effective from the same date.
Key Points
- Company: VARTHANA FINANCE PRIVATE LIMITED
- ISIN: INE125T07295 (Code: 976016)
- Debenture Series: VFPL-11.65%-16-9-26-PVT
- Record date: September 1, 2025
- Purpose: Part redemption of debentures and payment of interest
- New face value: Rs. 5000 per debenture
- Settlement number: DR-705/2025-2026
Regulatory Changes
Trading in the debentures will switch to reduced face value effective September 1, 2025, following the part redemption process.
Compliance Requirements
Trading members must note the change in face value and ensure proper settlement procedures are followed for the reduced face value trading.
Important Dates
- Record Date: September 1, 2025
- Effective Date for Reduced Face Value: September 1, 2025
- Notice Date: August 19, 2025
Impact Assessment
This is a routine corporate action affecting debenture holders of VARTHANA FINANCE PRIVATE LIMITED. The part redemption will reduce the outstanding debenture amount and modify the face value for ongoing trading. Impact is limited to existing debenture holders and does not affect broader market operations.
Impact Justification
Standard corporate action affecting specific debenture holders with clear procedural requirements