Description
BSE announces part redemption of debentures with reduced face value from Rs. 100,000 to Rs. 60,000 per debenture effective September 11, 2025.
Summary
BSE has informed trading members that Grihum Housing Finance Limited has fixed a record date for part redemption of its non-convertible debentures. The debentures will trade with a reduced face value of Rs. 60,000 per debenture (down from Rs. 100,000) effective September 11, 2025.
Key Points
- Company: Grihum Housing Finance Limited
- Debenture Code: GHF-RESET RATE-27-9-28-PVT
- ISIN: INE055I07180 (975116)
- Record date: September 11, 2025
- Purpose: Part redemption of debentures and payment of interest
- New face value: Rs. 60,000 per debenture
- Effective date: September 11, 2025
- Settlement number: DR-713/2025-2026
Regulatory Changes
No regulatory framework changes. This is a standard corporate action process for debenture part redemption.
Compliance Requirements
- Trading members must note the reduced face value effective from September 11, 2025
- All trading in these debentures must reflect the new face value of Rs. 60,000 per debenture
- Settlement procedures to follow DR-713/2025-2026 guidelines
Important Dates
- Record Date: September 11, 2025
- Effective Date for Reduced Face Value: September 11, 2025
- Notice Date: September 9, 2025
Impact Assessment
Medium impact limited to holders of Grihum Housing Finance debentures. The part redemption reduces the face value by 40%, which affects the nominal value of holdings but provides partial cash return to investors. Trading systems and member records need updating to reflect the new face value for accurate settlement and valuation.
Impact Justification
Affects specific debenture holders with face value reduction and trading adjustments