Description
VARTHANA FINANCE PRIVATE LIMITED has fixed record date for interest payment and part redemption of non-convertible debentures with reduced face value effective September 11, 2025.
Summary
VARTHANA FINANCE PRIVATE LIMITED has announced part redemption of its non-convertible debentures along with interest payment. The company has fixed September 11, 2025 as the record date, and trading will commence with reduced face value from the same date.
Key Points
- Company: VARTHANA FINANCE PRIVATE LIMITED
- Debenture Code: VFPL-11.5%-27-9-26-PVT
- ISIN: INE125T07303 (976059)
- Record Date: September 11, 2025
- Purpose: Part redemption of debentures and payment of interest
- New reduced face value: Rs. 50,000 per debenture
- Effective date: September 11, 2025
- Settlement number: DR-713/2025-2026
Regulatory Changes
Trading in the debentures will be conducted with the reduced face value of Rs. 50,000 per debenture effective from September 11, 2025.
Compliance Requirements
- Trading members must note the change in face value for trading purposes
- All trades in these debentures from September 11, 2025 will be at the reduced face value
Important Dates
- Record Date: September 11, 2025
- Effective Date for Reduced Face Value: September 11, 2025
- Settlement: DR-713/2025-2026
Impact Assessment
The part redemption will reduce the outstanding debt obligation of VARTHANA FINANCE PRIVATE LIMITED. Debenture holders will receive partial redemption proceeds along with interest payments. Trading will continue with the reduced face value, affecting the pricing and settlement of these securities.
Impact Justification
Affects debenture holders through part redemption and face value reduction, impacting trading from September 11, 2025