Description
KOGTA FINANCIAL (INDIA) LIMITED has fixed record date for payment of interest and part redemption of non-convertible debentures with reduced face value effective September 8, 2025.
Summary
KOGTA FINANCIAL (INDIA) LIMITED has announced part redemption of its non-convertible debentures along with interest payment. The company has set September 8, 2025 as the record date for this corporate action. Trading in the debentures will commence with reduced face value of Rs. 25,000 per debenture from the effective date.
Key Points
- Part redemption of non-convertible debentures of KOGTA FINANCIAL (INDIA) LIMITED
- Simultaneous payment of interest on debentures
- Record date fixed for September 8, 2025
- Reduced face value of Rs. 25,000 per debenture
- Debenture code: KFIL-9.74%-23-12-25-PVT (INE192U07335)
Regulatory Changes
No regulatory changes announced in this circular.
Compliance Requirements
- Trading members must note the effective date for trading with reduced face value
- All trading in the specified debentures will be conducted with the new reduced face value from September 8, 2025
Important Dates
- Record Date: September 8, 2025
- Effective Date for Reduced Face Value: September 8, 2025
- Settlement Number: DR-710/2025-2026
Impact Assessment
This is a standard corporate action with limited market impact. The part redemption will reduce the outstanding debenture amount while providing returns to debenture holders. The reduced face value will affect future trading calculations but follows established procedures for such corporate actions.
Impact Justification
Standard corporate action affecting specific debenture holders with clear procedures and dates