Description
FEDBANK FINANCIAL SERVICES LIMITED has fixed record date for part redemption of debentures with reduced face value effective September 11, 2025.
Summary
FEDBANK FINANCIAL SERVICES LIMITED has announced part redemption of its Non-Convertible Debentures with a record date of September 11, 2025. Trading in the debentures will commence with reduced face value of Rs. 43,750 per debenture effective from the same date.
Key Points
- Company: FEDBANK FINANCIAL SERVICES LIMITED
- Debenture Code: INE007N07041 (974927)
- Record Date: September 11, 2025
- Purpose: Part redemption of debentures and payment of interest
- Reduced Face Value: Rs. 43,750 per debenture
- Effective Date: September 11, 2025
- Settlement Number: DR-713/2025-2026
Regulatory Changes
No regulatory changes announced in this circular.
Compliance Requirements
- Trading members must note the reduced face value for debenture trading
- Debenture holders on record date will be eligible for part redemption proceeds and interest payment
- Trading will continue with the new reduced face value from the effective date
Important Dates
- Record Date: September 11, 2025 - For determining eligible debenture holders
- Effective Date: September 11, 2025 - Trading with reduced face value begins
- Notice Date: September 9, 2025
Impact Assessment
This corporate action will result in partial return of capital to debenture holders while allowing continued trading of the remaining debenture value. The face value reduction from the original amount to Rs. 43,750 per debenture indicates a significant partial redemption, providing liquidity to investors while maintaining the debt instrument in the market.
Impact Justification
Routine corporate action affecting debenture holders with specific financial impact