Description
IKF Home Finance Limited announces part redemption of 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 debentures will trade with 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 for redemption and interest payment: August 24, 2025
- Reduced face value: Rs. 33,333.36 per debenture
- Effective date: August 22, 2025
- Settlement number: DR-700/2025-2026
Regulatory Changes
No regulatory changes introduced. This is a standard corporate action for debt securities.
Compliance Requirements
- Trading members must note the reduced face value trading from August 22, 2025
- Debenture holders on record date August 24, 2025 will be eligible for interest payment and part redemption
Important Dates
- August 22, 2025: Effective date for trading with reduced face value
- August 24, 2025: Record date for interest payment and part redemption
Impact Assessment
This is a routine corporate action with limited market impact. Only affects holders of the specific IKF Home Finance debentures. The part redemption reduces the outstanding principal amount while providing liquidity to debenture holders.
Impact Justification
Routine corporate action affecting specific debenture holders with predetermined schedule