Description
FEDBANK FINANCIAL SERVICES LIMITED has fixed record date for part redemption of non-convertible debentures with reduced face value effective September 11, 2025.
Summary
FEDBANK FINANCIAL SERVICES 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 in the debentures will commence with reduced face value from the same date.
Key Points
- Record date fixed for September 11, 2025
- Part redemption of non-convertible debentures and interest payment
- Reduced face value of Rs. 43,750 per debenture
- ISIN: INE007N07041 (Code: 974927)
- Settlement number: DR-713/2025-2026
Regulatory Changes
Trading in FEDBANK FINANCIAL SERVICES LIMITED debentures will be conducted with reduced face value effective from September 11, 2025.
Compliance Requirements
Trading members must note the change in face value and ensure proper settlement procedures are followed for the affected debentures.
Important Dates
- Record Date: September 11, 2025
- Effective Date: September 11, 2025
- Settlement: DR-713/2025-2026
Impact Assessment
This part redemption will reduce the outstanding face value of the debentures, affecting the trading parameters and settlement amounts for existing debenture holders. The change is specific to FEDBANK FINANCIAL SERVICES LIMITED’s debt securities and will impact investors holding these particular debentures.
Impact Justification
Affects specific debenture holders and trading parameters for FEDBANK FINANCIAL SERVICES LIMITED debt securities