Description
NIWAS HOUSING FINANCE PRIVATE LIMITED has fixed Record Date for interest payment and part redemption of debentures with reduced face value effective September 4, 2025.
Summary
NIWAS HOUSING FINANCE PRIVATE LIMITED has announced part redemption of its Non-Convertible Debentures along with interest payment. The company has set September 4, 2025 as the Record Date, and trading will commence with reduced face value from the same date.
Key Points
- Company: NIWAS HOUSING FINANCE PRIVATE LIMITED
- ISIN: INE01AI07025 (Code: 975524)
- Record Date: September 4, 2025
- Purpose: Part Redemption of Debentures and Payment of Interest
- New Face Value: Rs. 70,000 per Debenture (reduced from original value)
- Effective Date: September 4, 2025
- Settlement Number: DR-708/2025-2026
Regulatory Changes
No regulatory framework changes. This is a standard corporate action under existing debt securities regulations.
Compliance Requirements
- Trading Members must note the reduced face value effective from September 4, 2025
- All trading in the debentures will be conducted at the new reduced face value
- Members should update their systems to reflect the new face value
Important Dates
- Record Date: September 4, 2025
- Effective Date for Reduced Face Value: September 4, 2025
- Settlement: DR-708/2025-2026
Impact Assessment
Market Impact: Medium - affects only holders of NIWAS HOUSING FINANCE debentures. The part redemption provides liquidity to investors while reducing the outstanding debt amount. Trading will continue with reduced face value, requiring system updates by trading members.
Impact Justification
Part redemption affects debenture holders and trading with reduced face value but limited to single company