Description
VARTHANA FINANCE PRIVATE LIMITED announces part redemption of 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 debentures will trade with reduced face value of Rs. 50,000 per debenture effective September 11, 2025.
Key Points
- Company: VARTHANA FINANCE PRIVATE LIMITED
- Debenture Code: VFPL-11.5%-27-9-26-PVT (INE125T07303)
- ISIN: 976059
- Record Date: September 11, 2025
- 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 commence with reduced face value from the effective date as per the part redemption terms.
Compliance Requirements
- Trading members must note the change in face value for trading purposes
- All trades from September 11, 2025 onwards 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 burden of VARTHANA FINANCE PRIVATE LIMITED while providing liquidity to debenture holders. Trading will continue but at the adjusted face value, ensuring proper price discovery in the debt market.
Impact Justification
Part redemption affects debenture holders and trading parameters but is routine corporate action