Description
Star Housing Finance Limited has fixed record date for part redemption of debentures with reduced face value effective September 4, 2025.
Summary
Star Housing Finance Limited has announced part redemption of its non-convertible debentures with ISIN INE526R07017, effective September 4, 2025. The debentures will trade with a reduced face value of Rs. 45,238.10 per debenture following the redemption.
Key Points
- Company: Star Housing Finance Limited
- Debenture 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
- New face value: Rs. 45,238.10 per debenture
Regulatory Changes
No regulatory changes announced. This is a standard corporate action for debt securities.
Compliance Requirements
- Trading members must note the reduced face value effective from September 4, 2025
- Debentures will trade with the new reduced face value from the effective date
- Settlement number: DR-708/2025-2026
Important Dates
- Record Date: September 4, 2025
- Effective Date: September 4, 2025
- Notice Date: August 26, 2025
Impact Assessment
This corporate action affects holders of Star Housing Finance Limited’s non-convertible debentures. The part redemption will reduce the face value of existing debentures, providing partial capital return to investors while maintaining their investment in the remaining portion. Trading will continue with the reduced face value from the effective date.
Impact Justification
Corporate action affecting specific debenture holders with face value reduction