Description
BSE notice regarding part redemption of debentures and payment of interest with reduced face value effective September 3, 2025.
Summary
Vistaar Financial Services Pvt Ltd has announced part redemption of its non-convertible debentures along with interest payment. The debentures will trade with reduced face value of Rs. 75,000 per debenture effective September 3, 2025.
Key Points
- Company: Vistaar Financial Services Pvt Ltd
- Debenture Code: VFSL-9.65-18-6-26-PVT
- ISIN: INE016P07229 (975745)
- Record date fixed for interest payment and part redemption
- New reduced face value: Rs. 75,000 per debenture
Regulatory Changes
Trading in the company’s debentures will be conducted with the reduced face value from the effective date.
Compliance Requirements
Trading members must note the change in face value for trading purposes and ensure proper settlement procedures.
Important Dates
- Record Date: September 3, 2025
- Effective Date for Reduced Face Value: September 3, 2025
- Settlement Number: DR-707/2025-2026
Impact Assessment
Limited impact affecting only holders of specific debentures of Vistaar Financial Services. The part redemption reduces the outstanding principal amount while maintaining trading continuity with adjusted face value.
Impact Justification
Affects specific debenture holders of one company with clear procedural changes