Description
India Shelter Finance Corporation Limited has fixed record date for part redemption and interest payment on non-convertible debentures with reduced face value effective September 11, 2025.
Summary
India Shelter Finance Corporation Limited has announced part redemption of its non-convertible debentures along with interest payment. The company has set September 11, 2025 as the record date, and trading will commence with reduced face value from the same date.
Key Points
- Company: India Shelter Finance Corporation Limited
- Debenture Code: ISFCL-RR-8.65%-3M MCLR-25-3-29
- ISIN: INE922K07104 (976546)
- Record Date: September 11, 2025
- Purpose: Part redemption of debentures and payment of interest
- New face value: Rs. 87,500 per debenture
- Settlement number: DR-713/2025-2026
Regulatory Changes
No regulatory framework changes. This is a standard corporate action procedure for debt securities.
Compliance Requirements
- Trading members must note the reduced face value effective from September 11, 2025
- All trading in the company’s debentures will be conducted at the new reduced face value
- Proper settlement procedures must be followed as per BSE guidelines
Important Dates
- Record Date: September 11, 2025
- Effective Date for Reduced Face Value: September 11, 2025
- Notice Date: September 9, 2025
Impact Assessment
This is a routine corporate action with limited market impact. Existing debenture holders will receive partial redemption and interest payments. The reduced face value will affect future trading prices and liquidity calculations for this specific debt instrument. Impact is contained to holders of this particular debenture series.
Impact Justification
Routine corporate action affecting specific debenture holders with clear timeline and reduced face value