Description
BSE notice regarding part redemption and interest payment on NIWAS Housing Finance 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 debentures will trade with reduced face value of Rs. 70,000 per debenture effective September 4, 2025.
Key Points
- Record date fixed for part redemption and interest payment: September 4, 2025
- Debenture code: NHFPL-9.40%-19-9-26-PVT (ISIN: INE01AI07025)
- BSE scrip code: 975524
- Reduced face value: Rs. 70,000 per debenture
- Settlement number: DR-708/2025-2026
Regulatory Changes
No regulatory framework changes announced in this circular.
Compliance Requirements
- Trading members must note the reduced face value effective from September 4, 2025
- All trading in these debentures will be conducted with the new reduced face value
- Trading members should update their systems to reflect the face value change
Important Dates
- Record Date: September 4, 2025
- Effective Date for Reduced Face Value: September 4, 2025
- Settlement: DR-708/2025-2026
Impact Assessment
This corporate action will affect holders of NIWAS Housing Finance debentures through partial redemption of their investment and interest payment. Trading members need to adjust their systems to accommodate the reduced face value to ensure proper settlement and valuation of these debt securities.
Impact Justification
Corporate action affecting debt securities trading with specific face value changes and settlement implications