Description
STAR HOUSING FINANCE LIMITED has fixed record date for payment of interest and part redemption of non-convertible debentures with reduced face value effective September 4, 2025.
Summary
STAR HOUSING FINANCE LIMITED has announced part redemption of its non-convertible debentures along with interest payment. The record date is fixed as September 4, 2025, and trading in the debentures will be with reduced face value effective from the same date.
Key Points
- Company: STAR HOUSING FINANCE LIMITED (Code: SHFL-13.10%-19-4-27-PVT)
- ISIN: INE526R07017 (975161)
- Record date: September 4, 2025
- Purpose: Part redemption of debentures and payment of interest
- Reduced face value: Rs. 45,238.10 per debenture
- Effective date: September 4, 2025 (Settlement No. DR-708/2025-2026)
Regulatory Changes
No regulatory changes announced in this circular.
Compliance Requirements
- Trading members must note that trading in the debentures will be conducted with the reduced face value
- All trading operations must comply with the new face value from the effective date
Important Dates
- Record Date: September 4, 2025
- Effective Date for Reduced Face Value: September 4, 2025
- Settlement Number: DR-708/2025-2026
Impact Assessment
This corporate action will impact debenture holders of STAR HOUSING FINANCE LIMITED through partial redemption and interest payment. The significant reduction in face value to Rs. 45,238.10 per debenture indicates a substantial redemption amount. Trading members need to adjust their systems for the new face value to ensure proper settlement and pricing.
Impact Justification
Standard corporate action affecting specific debenture holders with reduced face value impacting debt trading