Description
Share India Securities Limited has fixed record date for part redemption of debentures with reduced face value effective August 26, 2025.
Summary
Share India Securities Limited has announced part redemption of its non-convertible debentures with record date set for August 26, 2025. The debentures will trade with reduced face value of Rs. 87,500 per debenture effective from the same date.
Key Points
- Company: Share India Securities Limited
- Debenture Code: SISL-10.70%-10-06-27-PVT (INE932X07023)
- Record Date: August 26, 2025
- Purpose: Part redemption of debentures and interest payment
- Reduced Face Value: Rs. 87,500 per debenture
- Effective Date: August 26, 2025
- Settlement Number: DR-702/2025-2026
Regulatory Changes
Trading in the company’s debentures will be conducted with reduced face value effective from August 26, 2025.
Compliance Requirements
Trading members are required to note the change in face value for trading purposes from the effective date.
Important Dates
- Record Date: August 26, 2025
- Effective Date for Reduced Face Value: August 26, 2025
Impact Assessment
Debenture holders will receive partial redemption along with interest payment. The reduced face value will affect trading mechanics and pricing of the debentures going forward.
Impact Justification
Corporate action affecting debenture holders with specific trading implications