Description
VASTU HOUSING FINANCE CORPORATION LIMITED has fixed record date for part redemption and interest payment on non-convertible debentures with reduced face value effective August 28, 2025.
Summary
VASU HOUSING FINANCE CORPORATION LIMITED has announced part redemption of its non-convertible debentures along with interest payment. The company has set August 28, 2025 as the record date for determining eligible debenture holders. Trading in the debentures will continue with a reduced face value of Rs. 250,000 per debenture effective from the same date.
Key Points
- Company: VASTU HOUSING FINANCE CORPORATION LIMITED
- Debenture Code: VHFCL-7.85%-12-9-26-PVT (INE459T07207)
- BSE Code: 974185
- Record Date: August 28, 2025
- Purpose: Part redemption of debentures and interest payment
- Reduced face value: Rs. 250,000 per debenture
- Settlement number: DR-703/2025-2026
Regulatory Changes
No regulatory changes announced. This is a standard corporate action under existing debt market regulations.
Compliance Requirements
- Trading members must note the reduced face value trading effective from August 28, 2025
- Debenture holders as on record date (August 28, 2025) will be eligible for part redemption and interest payment
- Settlement will be processed under DR-703/2025-2026
Important Dates
- Record Date: August 28, 2025
- Effective Date for Reduced Face Value Trading: August 28, 2025
- Notice Date: August 20, 2025
Impact Assessment
This corporate action has moderate impact on existing debenture holders who will receive partial redemption of their investment along with accrued interest. The reduced face value will affect future trading dynamics of these debentures. Trading members need to adjust their systems to reflect the new face value for accurate settlement processing.
Impact Justification
Standard corporate action affecting specific debenture holders with clear timeline and procedures