Description
IKF HOME FINANCE LIMITED has fixed record date for interest payment and part redemption of non-convertible debentures with reduced face value effective August 22, 2025.
Summary
IKF HOME FINANCE LIMITED has announced part redemption of its non-convertible debentures along with interest payment. The company has set August 24, 2025 as the record date for determining eligible debenture holders. Trading in these debentures will commence with a reduced face value of Rs. 33,333.36 per debenture effective August 22, 2025.
Key Points
- Company: IKF HOME FINANCE LIMITED
- Debenture Code: IKFHFL-10.85%-31-8-26-PVT
- ISIN: INE02VP08022 (975067)
- Record Date: August 24, 2025
- Reduced Face Value: Rs. 33,333.36 per debenture
- Effective Date: August 22, 2025 (Settlement No. DR-700/2025-2026)
Regulatory Changes
No regulatory changes announced. This is a standard corporate action involving part redemption of debentures.
Compliance Requirements
- Trading members must note the reduced face value trading effective August 22, 2025
- Debenture holders must hold securities as of record date (August 24, 2025) to be eligible for interest payment and part redemption
Important Dates
- August 22, 2025: Effective date for trading with reduced face value (Settlement DR-700/2025-2026)
- August 24, 2025: Record date for interest payment and part redemption eligibility
Impact Assessment
This corporate action will provide liquidity to debenture holders through part redemption while maintaining their investment in the remaining portion. The reduced face value reflects the partial redemption amount, with trading continuing at the adjusted value. Impact is limited to specific debenture holders of IKF HOME FINANCE LIMITED.
Impact Justification
Standard corporate action affecting specific debenture holders with predetermined financial impact