Description
WAISL LIMITED fixes record date for interest payment and part redemption of non-convertible debentures with reduced face value effective September 8, 2025.
Summary
WAISL LIMITED has announced part redemption of its non-convertible debentures along with interest payment. The company has fixed September 9, 2025 as the record date, with trading in the debentures to commence with reduced face value from September 8, 2025.
Key Points
- Company: WAISL LIMITED
- Debenture Code: WL-9.45%-27-9-29-PVT
- ISIN: INE07XR08015 (975113)
- Record Date: September 9, 2025
- Purpose: Part redemption of debentures and payment of interest
- Reduced face value: Rs. 85,000 per debenture
- Effective date for reduced face value: September 8, 2025
- Settlement number: DR-710/2025-2026
Regulatory Changes
No regulatory framework changes. This is a standard corporate action involving part redemption of debt securities.
Compliance Requirements
- Trading members must note the change in face value effective from September 8, 2025
- All trading in WAISL debentures will be conducted with the reduced face value of Rs. 85,000 per debenture
- Record date eligibility applies for both interest payment and part redemption benefits
Important Dates
- September 8, 2025: Effective date for trading with reduced face value (Settlement DR-710/2025-2026)
- September 9, 2025: Record date for part redemption and interest payment
Impact Assessment
Moderate impact limited to WAISL debenture holders. The part redemption reduces the outstanding debt while providing liquidity to investors. Trading members need to adjust their systems for the new face value to ensure accurate settlement and pricing.
Impact Justification
Affects debenture holders of WAISL with face value reduction and redemption activity